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| Tax Credit Information for 2006-2008 The federal tax credits for the installation of geothermal equipment and for the construction of energy efficient homes are available from January 1, 2006 to December 31, 2008. The homeowner is eligible for a tax credit of up to $300 for the installation of a geothermal system with a desuperheater connection for hot water assist. In addition, the system must generate efficiency ratings of 14.1 EER and 3.3 COP for a closed loop, 16.2 EER and 3.6 COP for an open loop, and 15 EER and 3.5 COP for a direct expansion system. Builders are eligible for a $2,000 tax credit for energy efficient homes achieving a 50 percent higher energy savings than the 2004 International Energy Conservation Code (IECC) and supplements, and contractors are eligible for a $1,000 credit for manufactured homes achieving an over 30% higher energy savings than the 2004 IECC and, or EPA requirements under the ENERGY STAR program. In addition, regular energy efficient homes are required to have 20 percent of the energy savings come from the building envelope, and 30 percent is required for manufactured homes. In order for these credits to apply, the home must be built in the U.S. after August 8, 2005, and used as a residence within the timeframe of January 1, 2006 through December 31, 2008. When filing for the federal and state tax incentives, the homeowner should have proof of purchase, and keep an ARI Certificate on file, which states the performance ratings of their equipment. Also, two certificates should be printed off if the homeowner has a dual capacity system. |





















































| 88hvac is dedicated to the greenest and most mechanically sustainable solutions to your HVAC system. With energy cost sky rocketing to $135 per barrel, our fuels and electric cost will soon follow. Geothermal operates at 500% efficient. This is 5x worth of heating or cooling energy , when you give it 1 kw of electricity! Every Geothermal Install we find better and price saving techniques that we pass on to you. We are working on cost effective drilling techniques that will be much less than vertical drilling and less destructive to the land scape as would be a horizontal slinky. Call us for information and see what type savings and comfort you can have from a GSHP geothermal HVAC system. |
| The U.S. Environmental Protection Agency has identified geothermal heat pumps as a technology that significantly reduces greenhouse gas and other air emissions associated with heating, cooling and water heating residential buildings, while saving consumers money, compared to conventional technologies.1 For every 100,000 units of typically sized residential geothermal heat pumps installed, more than 37.5 trillion Btu’s of energy used for space conditioning and water heating can be saved, corresponding to an emissions reduction of about 2.18 million metric tons of carbon equivalents, and cost savings to consumers of about $750 million over the 20-year-life of the equipment. · Geothermal heat pump systems, also known as “geoexchange,” are the most energyefficient, environmentally clean, and cost-effective space conditioning systems available, according to the Environmental Protection Agency.1 · Geothermal heat pumps strengthen U.S. energy security. Every 100,000 homes with geothermal heat pump systems reduce foreign oil consumption by 2.15 million barrels annually and reduce electricity consumption by 799 million kilowatt hours annually. · Geothermal heat pumps are efficient. The use of geoexchange lowers electricity demand by approximately 1 kW per ton of capacity. · Geothermal heat pumps are environmental. They generate no on site emissions and have the lowest emissions among all heating and cooling technologies. 1 · Geothermal heat pumps save money. Schools now using geothermal heat pump systems save more than $25 million in energy costs – meaning more money for books, equipment and teachers. Homeowners can save 25 to 50 percent on home electric bills compared to conventional heating and cooling systems. Electric bills for a 2,000 sq. ft. home can be reduced to as low as $1 a day, using a geoexchange system. · Geoexchange systems represent a savings to homeowners of 30 to 70% in the heating mode and 20 to 50% in the cooling mode, compared to conventional systems. · EPA found that geoexchange heating and cooling systems can reduce energy consumption—and corresponding emissions—by more than 40% compared to air source heat pumps and by over 70% compared to electric resistance heating with standard air-conditioning equipment. · Geoexchange systems use the Earth’s energy storage capability to heat and cool buildings, and to provide hot water. The earth is a huge energy storage device that absorbs 47% of the sun’s energy – more than 500 times more energy than mankind needs every year – in the form of clean, renewable energy. Geoexchange systems take this heat during the heating season at an efficiency approaching or exceeding 400%, and return it during the cooling season. GeoExchange Heating and Cooling Systems: Fascinating Facts · EPA found that, even on a source fuel basis – accounting for ALL losses in the fuel cycle including electricity generation at power plants – geoexchange systems are much more efficient than competing fuel technologies. They are an average of 48% more efficient than the best gas furnaces on a source fuel basis, and over 75% more efficient than oil furnaces. In fact, today’s best geoexchange systems outperform the best gas technology, gas heat pumps, by an average of 36% in heating mode and 43% in cooling mode! · The U.S. General Accounting Office estimates that if geoexchange systems were installed nationwide, they could save several billion dollars annually in energy costs and substantially reduce pollution.2 · Surveys by utilities indicate a higher level of consumer satisfaction for geoexchange systems than for conventional systems. Polls consistently show that more than 95% of all geoexchange customers would recommend geoexchange to a family member or friend. · Today there are now more than 1,000,000 geoexchange installations in the United States. The current use of geothermal heat pump technology has resulted in the following emissions reductions: Elimination of more than 5.8 million metric tons of CO2 annually Elimination of more than 1.6 million metric tons of carbon equivalent annually · These 1,000,000 installations have also resulted in the following energy consumption reductions: Annual savings of nearly 8 billion kWh Annual savings of nearly 40 trillion Btus of fossil fuels Reduced electricity demand by more than 2.6 million kW · The monumental impact of the current use of geoexchange is equivalent to: Taking close to 1,295,000 cars off the road Planting more than 385 million trees Reducing U.S. reliance on imported fuels by 21.5 million barrels of crude oil per year. 1 Environmental Protection Agency, Space Conditioning: The Next Frontier, Office of Air and Radiation, 430-R-93-004 (4/93) 2 General Accounting Office, Geothermal Energy, Outlook Limited for Some Uses but Promising for Geothermal, (6/94) |
| Geothermal Exchange Heating and Cooling Fascinating Facts. Based on old 1994 figures. |