GeoExchange pushes for federal guidance on third-party ownership of geothermal systems
GeoExchange has been hard at work educating federal policymakers on the merits of third-party ownership (TPO) models for geothermal systems. TPO was essential to the rapid growth of the solar industry and we firmly believe that similar leasing arrangements will be necessary to scale the industry in a ways that
Federal Budget and Stimulus Signed into Law – Credits for Geothermal Included
Dec. 28, 2020 – President Trump ended several days of uncertainty last night, signing into law a massive budget, economic stimulus, and Covid-19 relief package. As we mentioned last week, this legislative package includes an extension for commercial and residential geothermal heat pump (GHP) tax credits. See our announcement from
End-of-Year Budget and Covid Relief Package Includes Tax Benefits for Geothermal Heat Pumps
Dec. 22, 2020 – After eight months of start-and-stop negotiations, Congress has successfully brokered a massive end-of-year budget and pandemic relief deal which includes major economic stimulus components including an extension of federal tax credits for geothermal heat pump (GHP) installations. The legislation moves on to the White House for
GeoExchange Sends Letter to Incoming Biden Administration
November 25, 2020 President-elect Joseph Biden Vice President-elect Kamala Harris 1401 Constitution Ave., NW Washington, DC 20230 Dear President-elect Biden and Vice President-elect Harris: As members of the Coalition for Clean Energy Jobs and Innovation, we are writing to urge you to prioritize a long-term extension of the Section 48
A New Era for the Geothermal Heat Pump Industry
The following message is from our new partners at IGSHPA. GeoExchange is excited to work closely with IGSHPA, its members, and leadership to forge a path forward for the geothermal heat pump industry. Dear IGSHPA Members and Accredited/Certified Professionals, Thank you for your past support of the International Ground Source
Victory for the Geothermal Heat Pump Industry
Geothermal Heat Pump Tax Credits Reinstated Feb. 9, 2018 – Today the U.S. geothermal heat pump (GHP) industry scored a victory for its workforce and their employers as federal legislation was passed to extend federal tax credits for residential and commercial installations of GHPs. The measure was included in the