Welcome to Tim Yoder, Pres of Yoder Geothermal, today’s guest blogger.
It would seem, at first glance, that abundant natural gas and geothermal heat pumps work in conflict with each other. I would propose that nothing is further from the truth. With the discovery of the incredible volume of natural gas in the Marcellus and Utica plays in PA, WV, and OH ones first impression is geothermal heating will be pushed to the sidelines. Instead it has been our experience, here at Yoder Drilling and Geothermal, that this is not the case, in fact we are seeing an increase in sales as a direct result.
As a loop installer for many HVAC contractors in eastern OH, western PA and northern WV, we are in the heart of the “ boom”. Many land owners are benefiting with significant bonus lease payments from the natural gas industry and find themselves with a new found ability to upgrade their home. Upgrading the heating and cooling system is a great option that can dramatically increase the equity of the home. They may even be able to build that new home they have been dreaming of. Ground source geothermal heat pumps are a perfect fit.
Geothermal is the most efficient heating and cooling system available and with a 30% federal tax credit on the entire installation cost –this system benefits the homeowner in multiple ways. By helping homeowners become aware of the tax credits and efficiency of geothermal we are benefitting from the good fortune of the local community.
On a larger scale, long term availability of a low priced natural gas will likely keep electric rates in check and so will keep geothermal heat pumps the most economical option for homeowners for years to come.
Tim Yoder, President
Yoder Drilling & Geothermal, Inc
(330) 852-4342
www.yodergeothermal.com
