Below are G.E.T.’s top picks from NY-GEO’s weekly “Just-In” Newsletter. Just In! features three fresh news item summaries on the NY-GEO home page every Monday. NY-GEO members get the full newsletter, which includes an advanced look at the website articles, plus event listings and job openings and several bonus article summaries with links, usually on the Saturday before website publication.
A Recovery for All of Us: Mayor de Blasio Announces Path to Provide Geothermal Utility Service – April 21, 2021 – “…City will identify project sites this year and pursue legislation to deploy geothermal district demonstration projects and bring service to scale…To advance this work, the City will initiate a feasibility study to select a potential demonstration project site or set of sites by the end of 2021, with a focus on places that are technically viable, have the most impact on reducing gas usage, will provide an affordable option, and where the most benefits to environmental justice communities can be achieved. In tandem with the feasibility study, the administration will pursue legislation in the coming weeks to give the City the authority to build and operate one or more geothermal district demonstration projects that will include private buildings as well as provide the foundation for the City to build and operate these systems citywide in the future.” See the full release here, including a quote on the initiative from NY-GEO.
Wyden Federal Bill: $10,000 geothermal credit and 30% commercial tax credit – Oregon Senator Ron Wyden, Chair of the Senate Finance Committee, has introduced the Clean Energy for America Act, a section by section summary of which can be found here. On page five, it notes “Homeowners installing heat pumps are provided an increased credit or $800 for air-source heat pumps or $10,000 for ground-source heat pumps, which have the potential to both dramatically increase home efficiency and shift toward cleaner forms of heating and cooling…To promote greater electrification of heating and cooling systems, the credit for geothermal heat pump systems in commercial buildings is increased to 30 percent and made permanent.” The bill also enhances the 179d commercial energy efficiency tax deduction and repeals several tax incentives for fossil fuel production.
Electrify With Heat Pumps – Top Job Competition – This coming Tuesday at Noon – The NY-GEO Annual Top Job Competition features finalists from among the most innovative and exemplary recent geothermal installations. Lunch and learn with us as we hear from the top experts in the field. Prepare to be excited! Prepare to vote for your favorite after April 27th! Learn more here. Register here.