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 IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
On Dice.com, the number of job postings asking for skill in Amazon Web Services increased 76 percent between June 2015 and June 2016. Salesforce.com saw its own skill mentions increase 37 percent, while DevOps and Cloud rose 35 percent and 28 percent, respectively. Even as they expand their presence in the cloud, companies are also looking for tech professionals who can manage projects, crunch data, and figure out how to make systems run more autonomously. Mentions of ‘data science’ as a skill ...