Whorled View

July 30, 2007

Geothermal – Distributed Energy at it’s Best

Filed under: Uncategorized — lullabyman @ 5:45 am

 

A friend of my recently started working for Waterfurnace – a company that makes geothermal heating systems. Being one who’s worked in the Green-energy industry and blogging frequently about it you’d think I’d have been apprised of what a slam dunk it is. I wasn’t. I figured it was like Solar PV – something people do to feel good about themselves. No, this is a true money saver within 7 years complete payoff (probably 5 years now, given oil costs), and so I think we can expect massive growth here. What’s more important payback is done without government subsidies (unlike solar PV), and the suppliers are profitable. Profitability means scalability, and as far as I know wind-turbines and geothermal are the only profitable renewable companies out there – and geothermal is by far the most affordable one. So you’re going to see geothermal explode in the next 10-20 years – it’s all economics. Check out this clip:


Wouldn’t you know it … the best solutions are the simple and cheap ones. While Pres. Bush throws your tax $ toward a fabled hydrogen-based economy involving the most complicated, expensive, and energy wasting distribution methods, most people can cut their heating and cooling costs by 75% by planting a bunch of pipes in their backyard and retrofitting it with a heat exchanger.

On average you’ll save enough to pay it off in 5-10 years. The payoff for solar PV (the other homeowner-owned renewable) is closer to 10-20 years even with 50% government subsidies – what a waste of our taxes – that money should go toward CSP, wind turbine farms, or geothermal plants. If you do a payment plan & have good credit you can possibly do geothermal with no money down and then see your monthly heating/cooling bills significantly drop immediately. Lending companies like it better too for multiple reasons. What’s not there to love?!

Lastly, you’ll also get that”feel good” warm fuzzy I mentioned above, knowing you’re doing something to help out. As much as 30% of our nation’s energy is spent on heating & cooling. If everyone utilized geothermal then that could be nearly as high as a 20% reduction in our country’s energy consumption, plus that savings goes back to drive the economy.

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6 Comments »

  1. Fantastic info…I have been very interested in geothermal energy as of late, especially after Gov. Schwarzenegger formed a bill into law that set a CO2 limit on coal plants as a future source of electricity in the West Coast market. This is a good (early) time for geothermal energy production.

    I would also recommend this report to everyone…

    http://www.whiskeyandgunpowder.com/Report/geoWP.html

    -Cheers!

    Comment by dan cap — July 30, 2007 @ 7:01 pm

  2. Thanks for sharing this video and your comments. The world is dicovering this “better than conventional” technology. Installing a geothermal system in a typical home will save the carbon emission equivalent of removing 1.6 automobiles from the roads permanently!

    Last year Europe provided carbon incentives, in Switzerland, Finland, and Sweden, geothermal heating systems represented over 75% of all new heating systems sold as a result.

    Natural Resources Canada just announced that the government of Canada will pay $3,500 to any homeowner that switches from conventional heating and cooling to geothermal, several provinces in Canada have matched that rebate or added additional incentives! Heating and air conditioning contractors who never told homeowners about geothermal before are rushing to get certified to sell it now.

    In the US, the 2005 Energy Bill had a $3,000 rebate for geothermal heating and cooling, but after the photo ops were over they never funded the rebates! So the US has no incentive for geothermal heating and cooling.

    Comment by Bruce Ritchey — August 1, 2007 @ 4:51 pm

  3. I didn’t know about the $3000 geothermal rebate, and that they never funded them! That’s unbelievable. Geothermal needs the same kind of lobbying that Solar PV has. It’s unbelievable that they get anything considering how costly it is.

    I live close to DC. Contact me if I can help. 888-854-6757 (my business line)

    Comment by Dave Austin — August 1, 2007 @ 8:49 pm

  4. While President Bush is not adequately supporting tax dollars towards the technology, he is using it personally. His home in Texas has had a ground source heat pump for several years. On the other hand, Mr. Gore still uses a conventional system and his personal home uses about 10 times the energy of a typical home in the US and about 20 times the energy of the President’s Crawford, Texas home. You certainly wouldn’t think that, but it’s one of those sad but true stories.

    Comment by Tony Cooper — August 2, 2007 @ 11:50 am

  5. Amazing. I wonder if Bush even knows he’s using a geothermal heat pump.

    Comment by Dave Austin — August 2, 2007 @ 4:05 pm

  6. […] at the growing popularity and benefits of geothermal heating &amp cooling – right here in America.https://whorledview.wordpress.com/2007/07/30/33/Geothermal heat pump – Wikipedia, the free encyclopediaSome electric companies will offer special […]

    Pingback by geothermal heating and cooling — June 1, 2008 @ 11:27 pm


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