Quick intro to geothermal heat pumps

Geothermal heat pumps are being installed in many areas from all over the globe because geothermal energy from within the Earth's core presents very reliable and extremely efficient heating and cooling in both residential and commercial buildings.

The amount of geothermal energy within the Earth's core is enormous and the world is currently using only a tiny fraction of the total geothermal energy potential. Using geothermal heat pumps is also acceptable from the environmental point of view, as generally speaking their environmental impact is very low. They operate quietly and with excellent efficiency.

Many energy experts will agree that using geothermal heat pumps is the most efficient way to heat and cool a building. As the technology improves so does the efficiency of geothermal heat pumps. Also, the total usage of electricity is reduced 25% - 50% compared with geothermal heat pumps as compared to traditional heating and cooling systems.

Geothermal energy industry is also an excellent job creator – both in installation as well as manufacturing sector.

Many people are still not aware of the geothermal energy potential, meaning that geothermal energy industry needs to better introduce geothermal energy with consumers. One of the best ways how to best introduce geothermal energy with consumer is to encourage electric utilities to offer financial incentives to home and building owners who opt to install geothermal heating and cooling systems. The 30% federal income tax credit in combination with the financial incentives from the electric utility industry should significantly reduce the hap in high upfront costs between geothermal heat pumps and conventional heating and cooling systems and help overcome customers' reluctance based on the first costs.

Contrary as to some people think it is not impossible to retrofit an existing home or building with a geothermal heating and cooling system. The installation of geothermal heat pumps can basically overcome any property restriction, because of recent improvements in drilling technology.