Geothermal
has proven itself to be an extremely energy efficient way to heat and cool homes
and businesses. Geothermal
systems can save 50% in energy costs and has proven to decrease maintenance
costs as well. The average payback
period is 6-8 years.
For
more information on how geothermal works, go to energystar.gov
or geoexchange.org websites.
They are great websites for more detailed information.
Installation of geothermal unit may also be eligible for WIEC'S ERC
loan. These loans are available for members who want to install
geothermal in a new or existing structure on WIEC lines.
WIEC Manager Paul Dion says, “WIEC members who install
this type of heat will also receive a $1,000 rebate at installation.
When combined with our geothermal rate of six-cents per kilowatt hour, it
makes a good deal even better."
