NewEnergyNews: Geothermal Plus Solar Investment Pays Off

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  • EVs Are A Win For Everybody

    Thursday, June 30, 2016

    Geothermal Plus Solar Investment Pays Off

    Geothermal + Solar = Expensive but Often Worth it; Combination systems often result in net-zero consumption

    Joanna R, Turpin, June 20, 2016 (The News)

    “…[For homeowners] looking to take energy conservation to the next level, many contractors are encouraging the installation of a combination geothermal heat pump and solar [photovoltaic (PV)] energy system…[A $100,000 investment can take a home’s energy consumption to net-zero if sized and designed properly…While combination geothermal/solar systems still comprise a small number of installations, there are fears that when the tax credits for geothermal expire at the end of the year, interest will dry up completely…[but that is only expected to be a short term glitch because the combination is likely to] eventually be adopted into the mainstream of home construction and renovation due to policies that favor the environment and the concern over climate change as well as the cost of fossil fuels…”click here for more

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