Geothermal Energy

WaterFurnace geothermal heating and cooling products are among the most efficient, energy saving, environmentally conscience heat pumps you can purchase. They are a natural heat pump that will give you years of reliable, safe home comfort at a low cost.

Lower Operating Cost
A WaterFurnace geothermal heat pump system operates more efficiently than ordinary heating and air conditioning systems because it can deliver an astounding five units of energy for every one unit of electrical energy used. By combining stored earth energy with safe electric power, many WaterFurnace owners realize savings up to 70% for heating, cooling, and hot water.

Enhanced Comfort
Our geothermal systems provide precise distribution of comfortable air all year long, eliminating hot spots and cold spots. During heating, you'll experience warm air without the hot blasts associated with ordinary gas furnaces, or the cooler air of an air source heat pump. Additionally, when cooling, our geothermal units deliver cool, dehumidified air.

Quiet
Unlike ordinary air conditioners or heat pumps, there is no noisy outdoor unit to disturb your outdoor environment or your neighbors. WaterFurnace units are designed and constructed for "whisper quiet" operation, similar to your refrigerator.

Reliable
Unlike air conditioners and heat pumps, geothermal units are installed indoors (like your refrigerator), so they are not subject to wear and tear caused by rain, snow, ice, debris, extreme temperatures or vandalism. Geothermal units have proven to be very reliable and require less maintenance.

Environmentally Friendly
According to the Department of Energy and the EPA, geothermal systems are the most environmentally friendly way to heat and cool your home. Our systems emit no carbon dioxide, carbon monoxide or other greenhouse gasses, which are considered to be major contributors to environmental air pollution. They are truly a natural, green heat pump.

Geothermal Heat Pumps

No matter what climate you live in, the temperature throughout the year varies. For some climates that means blazing summers that cool to frigid winters. What many people don't realize is that the temperature below ground (regardless of climate or season) stays fairly consistent all year.

The ground is able to maintain a higher rate of temperature consistency because it absorbs 47% of the suns energy (heat) as it hits the Earth's surface. WaterFurnace geothermal systems are able to tap into this free energy with an earth loop. This technology is then used to provide your home or office with central heating and cooling.

Heating
During the heating cycle, a WaterFurnace geothermal heat pump uses the earth loop to extract heat from the ground. As the system pulls heat from the loop it distributes it through a conventional duct system as warm air. The same heat energy can also be used for a radiant floor system or domestic hot water heating.
                                                                                              
Cooling
In the cooling mode, the heating process is reversed - creating cool, conditioned air throughout the home. Instead of extracting heat from the ground, heat is extracted from the air in your home and either moved back into the earth loop, or used to preheat the water in your hot water tank.

Geothermal vs. Geoexchange: what's in a name?
Geothermal energy has been used to heat and air condition buildings for several decades, and, during that time, these geothermal systems have been called many different things. Some of the more popular variations include geo-thermal, geoexchange, ground-water, ground-water assisted, ground-water-source, water-to-water, and even our company name, water furnace heating and cooling.

Three Basic Geothermal Energy Sources
Closed-loop systems circulate a water-based solution through a "loop system " of small-diameter, high-density polythylene underground pipes. Closed-loop systems can be installed horizontally, vertically or in a pond. Open-loop systems use an existing water well or surface water. Whether the system is open or closed, heat is transferred to or from the structure, regardless of outdoor temperature, to provide year-round comfort.

Geothermal Tax Credits

An exciting new tax credit is now available for home and commercial building owners who install geothermal heating and cooling systems through the Energy Improvement and Extension Act of 2008 (H.R. 1424). H.R. 1424 offers a onetime tax credit of 30% of the total investment for homeowners who install residential ground loop or ground water geothermal heat pumps.. A credit of 10% of the total investment is also available (no maximum) for a commercial system installation.

To qualify, the systems must meet or exceed EnergyStar requirements and be installed after December 31, 2007. While units installed in 2008 are subject to a $2,000 cap on the credit, units installed from 2009 through 2016 can take advantage of the full credit. Owners can file for the credit by completing the Renewable Energy Credits subsection on their tax return forms for 2008. For taxpayers that are subject to the Alternative Minimum Tax, they can claim the credit on their taxes for the following year. No proof of purchase will be required; however, in case of an audit, owners are encouraged to keep a detailed invoice of their purchase on file. The contractor who sold and installed the product should list the purchase as a "Geothermal Heat Pump" on the invoice and that it "Exceeds requirements of Energy Star program currently in effect".

The tax credit is available through December 31, 2016. Consult your local tax professional for advice on taking advantage of the tax credit, as this announcement is not intended as a recommendation or endorsement of any financial strategy.

Download the brochure: Understanding the Federal Tax Incentives
Compliance Certificate: WaterFurnace units that qualify for the tax credit

Helpful Resources
- IRS tax code summarized - United States Code Title 26
- More Information about the "Residential Renewable Energy Tax Credit"
- Find additional tax incentives that may be available in your state - www.dsireusa.org

Consult your tax professional for details.

If you have any questions or would like more information about our services, send an email to haining@hainingrefrigeration.com.

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