Energy Star tax credits
Corporate geothermal or (ground-coupled or pond-coupled ) HVAC systems are eligible for tax credits under the same law as renewable energy measures tax credits. Renewable energies (wind and solar) and combined heat-power systems get a 30% tax credit. A new geothermal /geocoupled heat pump investment will garner a 10% tax refund, which improves an already excellent investment into a compelling investment.
Slinky piping loops are promoted for their advantage of requiring less trenching due to greater piping surface area and increased heat transfer capacity of the style.
Slinky ground source piping loop
The payback on the geothermal was very fast without the tax break. In this economic environment, paybacks are reportedly at 1-5 years. 16-100% return is hard to deny. I recommend doing it.
The federal Business Energy Tax incentive law grants businesses these tax credits: (database search form)
An additional tax credit is available for HVAC, lighting and hot water: if the building is designed and built to use 50% or less energy consumption than code allowable maximums (as benchmarked by ASHRAE Standard 90.1-2001) for each of these three categories. $0.60/square foot for each of the categories, up to a maximum tax credit of $1.80/square foot.
Tags: Energy, Finance, geothermal geo-coupled, HVAC, Renewable, Tax credits
HVAC DATA model from LBNL
BetterBricks.com
Database of Energy and $ Incentives
From Horsepower to Hearpower, Part 1: The Foundations of Power and Energy
Oil Industry started (Drake's well in PA)
The Energy Collective
Architecture 2030
Jerry Yudelson
