Congress may be looking to de-fund public television and National Public Radio, but these are two media outlets that have always provided interesting insight into the world of green energy. Recently, this “All Things Considered” program ran a story on the benefits of closed loop geothermal systems called “Tapping the Earth For Energy Savings”. Read the story or give it a listen here and become a convert.
Of course, there are also those who are less concerned about the environmental benefits of geothermal and much more concerned about the cost and potential tax advantages. In this PBS parody of the “Iron Chef” called “Iron Accountant”, a team of tax experts competes to see who can get their client the highest deduction. And the winner is…IRS Form 5695 for Energy Efficiency Tax Credits of 30% for the installation of a geothermal heat pump system. So, if your subchapter S corporation had a good year, the best thing you can do to keep your money is to install a geothermal heat pump or solar photovoltaics.
Most of the testimony we read regarding the benefits and costs of a geothermal heating and air conditioning system come from the mid-west. However, if you are a local Long Islander considering going “geothermal”, this recent article in the NY Times Science section should help you with your cost/benefit analysis. It is interesting to note that Ms. Kreahling sites in her article the lack of qualified designers and installers in our area, as well as one-stop responsibility. You need a qualified, IGSHPA accredited designer and installer that will handle both the important work in the ground AND the HVAC system inside. Without that, you are asking for trouble and finger pointing by contracting yourself to several different vendors for drilling, excavating, loop installation and HVAC installation. However, you need look no further for a successful designer and installer of entire closed-loop geothermal HVAC systems.
As always, to keep up to date with what’s new in HVAC technology, visit our website at airideal.com and follow us on Twitter @airideal and at our Facebook page!