Digging Into Geothermal Questions: As State Tax Incentives Make Clean Energy Options More Attractive, Curiosity and Questions Build
30-Year Commercial and Residential Alternative Energy Expert Available to Dispel Geothermal Myths and Provide Facts
FLORENCE, MA--(Marketwire - February 23, 2010) - As geothermal continues to gain traction as a
viable and cost-effective heating, cooling and hot water alternative,
states are beginning to offer substantial financial incentives for its
deployment in commercial and residential settings. Federal and state
incentives can mean an ROI of less than five years for many geothermal
installations. For homeowners, geothermal energy has suddenly gone from
exclusive and out-of-reach to a highly attractive investment.
With any new technology and up-front investment come questions, uncertainty
and hesitation. Sam Johnston, a 30-year alternative energy veteran and
Geothermal Program Manager at Terraclime Geothermal is available to provide
perspective on the most common geothermal questions in terms home and
business owners can understand.
Questions such as:
-- Does geothermal really work?
-- Can I install geothermal in any geographic area, or only a warm one?
-- Will I need a back-up system?
-- How much will it cost me up-front?
-- When can I expect to see a return on my investment?
-- What kinds of state and federal incentives are available?
-- Do I need a large outdoor area to install a geothermal system?
-- Is my house a good candidate for geothermal?
"We've now reached a perfect storm of lower costs, technology maturation,
the ability to install geothermal using only a few square feet of outdoor
space, and financial incentives that represent the icing on geothermal
energy's cake," says Johnston. "With geothermal energy providing heating,
cooling and hot water, its popularity is skyrocketing in areas like New
England, where residents and businesses have year-round energy
Contact Information: Members of the media interested in speaking with Mr. Johnston, please
Perrin McCormick or Ashley Bell