geothermal heat is slowly gaining steam in homes - heat pump unit prices

by:HICOOL     2019-09-05
geothermal heat is slowly gaining steam in homes  -  heat pump unit prices
Steve Smith has had a tough few years.
Residents of Greenville, Illinois have been doing business for themselves since 1996, installing heating and refrigeration systems.
Ten years later, he bought a manufacturer.
At the end of 2016, he had more than 120 employees and established relationships with hundreds of suppliers, working in all 50 states and Canada.
But his business has shrunk by nearly half since 2016.
"2017 hit, it's a cliff for us," Smith said . ".
He said his sales had fallen by half, adding that he had only 76 workers by the end of last year.
"My wife knows the names of their children and how old they are," he said.
"Layoffs, it's just painful.
"Enertech Global, Smith's company, deals with a special type of clean energy: Geothermal, heating and cooling buildings using the natural temperature of the Earth.
Its troubles began more than two years ago when Congress expired tax credits for some of the smaller --
Some have called it a known renewable energy source for drafting mistakes, including geothermal energy.
The Wyoming coal fortress saw a huge growth in renewable energy jobs, and lawmakers restored credit last month after two years of hard lobbying by Smith and his fellow business owners.
The morning of February. 9.
A few hours later, Smith's phone began to ring.
"We are already talking about getting 25% of our employees back off the job," Smith said . ".
"We hope to return to the initial size next year.
Geothermal and energy, often referred to as "forgotten renewable energy", is widely used elsewhere in the world, with geothermal and electricity being used in China, Sweden and New Zealand.
Iceland is rich in hot springs and volcanoes, and geothermal power provides it with 25 electricity.
Unlike fossil fuels, geothermal energy does not produce emissions.
Because it uses the heat from the core of the Earth, it is considered renewable, and its life is equal to the supply of the Earth. But in the U. S.
Geothermal is still rareknown.
"Solar and wind can have a better market," said Maria Richards, who manages the Geothermal Laboratory at Southern Methodist University.
"You can see the sun on your face, the wind on your hair, but unless you go to Yellowstone or the hot springs in Arkansas, you can't see the heat on the ground.
Geothermal systems account for only 1% of the market.
About 40,000 of them were installed in the United States at their most popular time. S.
There are houses every year.
Now Congress has treated the technology as equal to wind and solar, and many in the industry are hoping for greater growth.
"My phone calls are ringing every day for homeowners and business owners," said Ryan Dougherty, chief operating officer of the industry group Geothermal Exchange.
"We 've been getting more registrations and renewals since this happened.
"The geothermal system works by moving the heat from the ground, and the temperature in the depths of the ground remains the same --round --
Between 45 degrees and 70 degrees.
The geothermal system passes heat to the building through a loop installed deep in the soil.
The fluid mixture is then pumped through the loop and reaches the temperature of the surrounding earth.
It is then pumped into a geothermal heat pump to replace the conventional stove, which is heated further if necessary and distributed throughout the building.
So in the winter of Illinois, when the temperature reaches 5 degrees Fahrenheit, a homeowner with a geothermal heat pump only needs enough power to raise the temperature at home by 20 degrees. -
From 50 degrees on the ground to 70 degrees on comfort.
People with traditional systems need to create a 65-
Temperature changes require more energy.
A homeowner who switched from oil heat to geothermal saw his monthly bill drop by more than half.
According to insider climate news, Matt Van der lovsk in northern New York, after installing a geothermal heat pump system, now spends less than $200 a month on electricity bills, the system
He no longer faced huge heating oil bills like the previous year, when he spent $4,000 on fuel oil during the cold season.
Many geothermal enthusiasts also use solar cells to meet their electricity needs and effectively get electricity for free.
Where are the jobs created by clean energy?
But the upfront cost of geothermal heating-
Between $20,000 and $25,000, or twice the cost of traditional systems ---
Especially when traditional energy is cheap.
"If gas is really cheap, people will focus on my way out --of-
Toll "Doherty.
"A savvy consumer asks, what will this cost me in the long run?
Geothermal heat pumps are more expensive to install, but you will recover the cost at a faster rate because it is much more efficient.
"This is the help of the government.
With the federal tax credit, the cost of the $25,000 system fell to $18,500.
Many states, especially those in the Midwest and Northeast, also offer incentives.
In New York, alone.
Home care can earn up to $15,000.
At such a rate, geothermal systems can pay for themselves in a few years, and at the same time, it is possible to exceed the traditional HVAC equipment.
Smith said geothermal heat pumps have a service life of more than 20 years, while
The ground loop will usually last longer than the building itself.
Still, the recent congress
Some geothermal companies are rethinking how to sell their products and focusing more on the benefits of the system.
"Some homeowners think it's a luxury ---
It's quieter and cleaner and they don't need to think about gas solutions, "says Katie Ulman, vice president of marketing at Dandelion, a geothermal startup conceived by Google (GOOG)
Headquartered in northern New York.
Unlike solar and wind energy systems, geothermal is invisible and there is no array that can be hidden or hidden.
Much quieter than the traditional stove.
This is the attraction of self. sufficiency.
"It's like putting a power plant in your own yard," Smith said . ".
"It is permanent.
Then save money from there.
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