Geoexchange Geothermal Heating and Cooling Systems: Fascinating Facts
The U.S. Environmental Protection Agency has identified geothermal heat pumps as a technology that significantly reduces greenhouse gas and other air emissions associated with heating, cooling and water heating residential buildings, while saving consumers money, compared to conventional technologies. For every 100,000 units of typically sized residential geothermal heat pumps installed, more than 37.5 trillion Btu’s of energy used for space conditioning and water heating can be saved, corresponding to an emissions reduction of about 2.18 million metric tons of carbon equivalents, and cost savings to consumers of about $750 million over the 20-year-live of the equipment.
Geothermal heat pump systems, also known as “geoexchange,” are the most energy-efficient, environmentally clean, and cost-effective space conditioning systems available, according to the Environmental Protection Agency.
Geothermal heat pumps strengthen U.S. energy security. Every 100,000 homes with geothermal heat pump systems reduce foreign oil consumption by 2.15 million barrels annually and reduce electricity consumption by 799 million kilowatt hours annually….