Geothermal Sales up 37% August 19 2019, 0 Comments
An AHRI News article "When Heat Pumps Are the Right Decision" features NY-GEO board members John Ciovacco and Jens Ponikau. It says, in part:
As electric and natural gas costs increase and cities and states pass energy standards and renewable energy tax credits, sales of energy-efficient technology&emdash;like heat pumps—get a boost.
In the U. S. …[G]ground-source heat pump sales rose 37 percent from 2017 to 2018, due largely to the reinstatement of federal tax credits for geothermal—although geothermal remains just 1.7 percent of the market.