News

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 […]

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, […]

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 […]

GeoExchange Sends Letter to Incoming Biden Administration

The Geothermal Exchange Organization and several partner organizations recently sent a letter to President-elect Biden and Vice President-elect Harris urging their support for an extension of tax credits for renewable […]

GEO Announces Cooperative Engagement Initiative

Springfield, IL – The Geothermal Exchange Organization (GEO), a national non-profit trade association promoting the manufacture, design and installation of geothermal heating and cooling systems, announces a new effort to […]

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 […]

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 […]