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
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT 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. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
IoT generates lots of temporal data. But how do you unlock its value? How do you coordinate the diverse moving parts that must come together when developing your IoT product? What are the key challenges addressed by Data as a Service? How does cloud computing underlie and connect the notions of Digital and DevOps What is the impact of the API economy? What is the business imperative for Cognitive Computing? Get all these questions and hundreds more like them answered at the 18th Cloud Expo...
SYS-CON Events announced today the Docker Meets Kubernetes – Intro into the Kubernetes World, being held June 9, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Register for 'Docker Meets Kubernetes Workshop' Here! This workshop led by Sebastian Scheele, co-founder of Loodse, introduces participants to Kubernetes (container orchestration). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, participants learn ...
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...
In his session at 18th Cloud Expo, Andrew Cole, Director of Solutions Engineering at Peak 10, will discuss how the newest technology advances are reducing the cost and complexity of traditional business continuity and disaster recovery solutions. Attendees will: Learn why having a full disaster recovery strategy is more important now than ever before Explore the key drivers of a successful disaster recovery solution Achieve measurable operational and business value from a disaster recovery ...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
SYS-CON Events announced today that Hanu Software 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. Leveraging best-in-class people, processes, and technologies, Hanu provides high-quality, high-value software development and business process outsourcing services to independent software vendors (ISVs) and enterprises.
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
SYS-CON Events announced today that BMC Software has been named "Siver 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. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...