Welcome!

News Feed Item

Geothermal offers cost-effective alternative to volatile fuel prices and propane shortages

Saves homeowners up to 70 percent on heating and cooling costs

FORT WAYNE, Ind., Feb. 28, 2014 /PRNewswire/ -- In the face of recent propane shortages and record high prices for the fuel – some rural areas reported deliveries as high as $8 per gallon – homeowners who rely on propane to heat their homes are beginning to consider more reliable, less costly alternatives. With increasing frequency, many are turning to geothermal, attracted by its ability to reduce heating and cooling costs by as much as 70 percent while relying on a clean, renewable and unlimited energy source.

The U.S. Environmental Protection Agency (EPA) says that geothermal heat pumps are the most energy efficient, environmentally clean and cost-effective space conditioning system available today. In fact, according to the Geothermal Exchange Organization (GEO), calculations from a major geothermal heat pump manufacturer show that at average prices during this year's blizzards, thermal energy from the earth saves 426 percent compared to fuel oil, 81 percent compared to natural gas, and an astounding 615 percent compared to propane.

A geothermal system takes advantage of free solar energy stored just below the surface of the earth. Using a series of pipes (an earth loop) buried in the ground and a geothermal (sometimes referred to as a ground source) heat pump, the geothermal heating and cooling system extracts heat from the earth and carries it to a building in the winter. An indoor unit compresses the heat to a higher temperature and distributes it throughout the structure. In the summer, the process reverses and the system extracts heat from the building and rejects it to the earth.

"In both cases, the geothermal system delivers consistent temperatures and efficiencies that exceed those of conventional HVAC systems, offering savings as high as 70 percent for heating, cooling and hot water," said Tim Litton, director of marketing communications at WaterFurnace International, Inc., the leading manufacturer of geothermal and water source heat pumps. "That's because the most efficient geothermal systems can deliver an astounding five units of energy for every one unit of electrical energy used, which translates to a 500 percent efficiency rating."

A geothermal system runs more frequently than other heating and cooling systems and at lower speeds, which means the air is always circulating through the house to reduce hot and cold spots as it increases comfort levels. Constant circulation also means air inside the home regularly circulates through the air filter, improving indoor air quality (IAQ).

In addition, a geothermal system does not require combustion and therefore produces none of the products associated with combustion, including carbon monoxide, which can negatively impact the air you breathe. Nor does it require a system to vent monoxide and other dangerous exhaust gases.

"Homeowners who have installed a geothermal system will also tell you that the system is quiet," added Litton. "There are no noisy outdoor components and, best of all, no storage tanks to fill. Instead, all the equipment is located inside, conveniently sized and constructed for quiet, efficient operation."

What's more, the average lifespan of a geothermal system is 25 years, compared to 15 years for a more traditional heating and cooling system, and in many cases, earth heat exchange loops are warranted for up to 50 years.

Homeowners who install a geothermal system prior to Dec. 31, 2016, can take advantage of a federal renewable energy tax credit that offers a tax incentive of 30 percent of the installed cost of the system. This credit can be used in combination with utility rebates and state tax incentives, where available, to make geothermal systems more affordable than ever.

To learn more about making the switch to geothermal, visit the WaterFurnace website at www.waterfurnace.com/switch, or talk to a WaterFurnace expert at 1-800-GEO-SAVE.

WaterFurnace International, Inc.
WaterFurnace International, Inc. is a leading manufacturer of residential, commercial, industrial and institutional geothermal and water source heat pumps. Products from WaterFurnace include energy-efficient and environmentally friendly geothermal comfort systems, indoor air quality products and pool heaters. WaterFurnace (TSX:WFI) was founded in 1983, and the company is headquartered in Fort Wayne, Ind. For the latest news and updates from WaterFurnace, connect with us on your favorite social media sites – follow us on Twitter (@WaterFurnace), like us on Facebook or view the WaterFurnace YouTube Channel.

Related links:

geothermal - http://www.waterfurnace.com/geo_energy.aspx

Geothermal Exchange Organization - http://www.geoexchange.org

heat pump - http://www.waterfurnace.com/geothermal-heat-pumps.aspx

WaterFurnace - http://www.waterfurnace.com  

switch to geothermal - http://www.waterfurnace.com/switch/

SOURCE WaterFurnace International, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, will give users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion w...
WebSocket is effectively a persistent and fat pipe that is compatible with a standard web infrastructure; a "TCP for the Web." If you think of WebSocket in this light, there are other more hugely interesting applications of WebSocket than just simply sending data to a browser. In his session at 18th Cloud Expo, Frank Greco, Director of Technology for Kaazing Corporation, will compare other modern web connectivity methods such as HTTP/2, HTTP Streaming, Server-Sent Events and new W3C event APIs ...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
SYS-CON Events announced today that (ISC)²® (“ISC-squared”) will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Two leading non-profits focused on cloud and information security, (ISC)² and Cloud Security Alliance (CSA), developed the Certified Cloud Security Professional (CCSP) certification to address the increased demand for cloud security expertise due to rapid growth in cloud. Recently named “The Next...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
The Art of DevOps provides a fun overview to help teams understand DevOps. Written in the style of the famous 6th century Chinese manuscript “The Art of War,” this eBook describes DevOps in the form of a mission to continuously deliver assets to the operational battlegrounds safely, securely, and quickly. It’s a fun read with valuable insights.
Recognizing the need to identify and validate information security professionals’ competency in securing cloud services, the two leading membership organizations focused on cloud and information security, the Cloud Security Alliance (CSA) and (ISC)^2, joined together to develop an international cloud security credential that reflects the most current and comprehensive best practices for securing and optimizing cloud computing environments.
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...