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NFEC Increases Rebates Making


Geothermal Systems More Affordable Rebates Now More than $1,000 per Ton


Northfork Electric has partnered with Geo-Energy Services (GES) to pro- vide third-party expertise to the coop- erative’s existing geothermal heat pump program. GES will be implementing a plan to help NFEC members install geo- thermal heat pumps in their homes. What is a geothermal heat pump? Geothermal heat pumps are electrically powered systems that use a series of wa- WHU ¿OOHG JURXQG ORRSV WR WDS WKH VWRUHG energy of the greatest solar collector in existence: the earth. These systems use the earth’s relatively constant tempera- ture to provide heating, cooling, and hot water for homes. Because of the energy received from the earth, geother- mal systems use about 40-60 percent less energy than a conventional HVAC


system. Geothermal heat pumps are the PRVW FRVW HIIHFWLYH HQHUJ\ HI¿FLHQW ZD\ to heat and cool a home. Due to current EPA regulations like the Clean Power Plan, electricity providers are being forced to invest millions of dollars into existing power plants. Unfortunately, these costs are passed down directly to the consum- HUV +RPHV ¿WWHG ZLWK JHRWKHUPDO KHDW pumps use much less electricity during peak times (peak is during the hottest parts of the summer and coldest parts of the winter; electric rates for the whole year are determined by peak). When NFEC members choose to put geother- mal heat pumps in their homes, it helps the cooperative in its mission to keep electricity costs affordable.


Because of its multiple advantages and huge savings, NFEC is making it easier for members to choose geother- mal systems. The cooperative is helping with the installation cost by paying a di- rect rebate to members of $1,050 per ton installed (up from $650 per ton just last year). NFEC’s rebate, combined with the current 30 percent federal tax credit, makes the cost of geothermal compara- tive to any other HVAC systems. “Whether you’re a current home- owner looking to upgrade an old heat and air system, or someone considering building a new house, geothermal is the right choice,” Tyson Taussig, program coordinator at Geo-Energy Services, said. “In addition, geothermal helps you save up to 50 percent on your energy costs in the summer and winter when you would normally receive your high- est bills.”


For more information on geother- mal heat pumps, contact Tyson Taussig at (405) 641-0918 or tyson@geoenergy- services.com.


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