Tag: geothermal tax credits

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What the Launch of Mission Geo Could Mean for the HVAC Industry

3 days ago 9

The geothermal industry is growing, and those in the industry have no intention in letting it slow down. Organizations such as the International Ground Source Heat Pump Association (IGSHPA) have launched initiatives that bring awareness and...

Virginia Passes Geothermal Bill With Major Financial Incentives

July 9, 2024 98

Recently the state of Virginia passed a bill that will allow geothermal heat pump owners to sell Renewable Energy Certificates (REC) to utility companies. As a result, this will significantly reduce the cost of a geothermal installation by...

Providing Geothermal a Good Transfer for HVAC Contractors

March 31, 2024 114

✕ As society embraces the sustainability and electrification actions, renewable energies are capturing an increasing number of of a market historically dominated by fossil gasoline home equipment. And, with monetary incentives in any respect...

WaterFurnace Executives Give Replace on Geothermal Trade Tendencies

January 24, 2024 107

WaterFurnace is doubling the footprint of its manufacturing facility in Fort Wayne, Indiana, as geothermal is changing into more and more well-liked in industrial and residential markets, owing partly to tax incentives bolstered underneath the...