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first recorded geothermal system was a 1912 Swiss patent.
Installing a geothermal system in a typical home is equal,
in greenhouse gas reduction, to planting an acre of trees,
or taking two cars off the road. If one in 12 California homes
installed a geothermal system, the energy saved would equal
the output of nine new power plants. |
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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.1 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-life of the equipment. |
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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.1
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Geothermal heat pumps save money. Schools
now using geothermal heat pump systems save more than
$25 million in energy costs – meaning more money
for books, equipment and teachers. Homeowners can save
25 to 50 percent on home electric bills compared to conventional
heating and cooling systems. Electric bills for a 2,000
sq. ft. home can be reduced to as low as $1 a day, using
a geoexchange system.
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Geoexchange systems use the Earth’s
energy storage capability to heat and cool buildings,
and to provide hot water. The earth is a huge energy storage
device that absorbs 47% of the sun’s energy –
more than 500 times more energy than mankind needs every
year – in the form of clean, renewable energy. Geoexchange
systems take this heat during the heating season at an
efficiency approaching or exceeding 400%, and return it
during the cooling season.
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EPA found that, even on a source fuel
basis – accounting for ALL losses in the fuel cycle
including electricity generation at power plants –
geoexchange systems are much more efficient than competing
fuel technologies. They are an average of 48% more efficient
than the best gas furnaces on a source fuel basis, and
over 75% more efficient than oil furnaces. In fact, today’s
best geoexchange systems outperform the best gas technology,
gas heat pumps, by an average of 36% in heating mode and
43% in cooling mode!
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Annual savings of nearly 8 billion
kWh
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Annual savings of nearly 40 trillion
Btus of fossil fuel
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Reduced electricity demand by more
than 2.6 million kW
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Taking close to 1,295,000 cars off
the road
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Planting more than 385 million tree
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Reducing U.S. reliance on imported
fuels by 21.5 million barrels of crude oil per year.
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Environmental Protection Agency, Space
Conditioning: The Next Frontier, Office of Air and Radiation,
430-R-93-004 (4/93)
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General Accounting Office, Geothermal
Energy, Outlook Limited for Some Uses but Promising for
Geothermal, (6/94) Geothermal Heat Pump Consortium, Inc.
Phone: 202-558-7175 Fax: 202-558-6759 Toll Free: 1-888-ALL-4-GEO
Internet: www.geoexchange.org
E-mail: info@ghpc.org
GHPC #GB-003 1/06
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