In a move to stimulate more of the clean energy economy in New York, Gov. Andrew Cuomo (D) announced a two-year, $15 million proposal to provide rebates of up to $6,000 to residential owners who install geothermal heat pumps in their homes. Developed by the New York State Energy Research and Development Authority (NYSERDA), the proposed plan also expedites the installation of renewable heating and cooling technology by reducing barriers to the technologies.
“New York has made great strides to combat climate change by supporting the use of new technologies and growing our clean energy economy,” Cuomo said. “We will continue to make green investments that will encourage the use of clean, affordable energy to reduce our carbon footprint and support sustainable communities throughout the state.”
An estimated 32 percent of the state’s carbon emissions are produced by fossil-fuel based thermal energy for heating and cooling homes and businesses, according to NYSERDA. By focussing on more efficient geothermal heating and cooling systems, the state could reduce those emissions, which is inline with Cuomo’s Reforming the Energy Vision. That strategy, which includes solar power, aims to reduce the state’s carbon emissions.
Geothermal heat pumps harvest heat absorbed through the ground and transfer it into a home or business. The heat energy can be use directly for an HVAC system, hot water or radiant floor systems. Or, with a heat exchanger, can be used to create cool air for air conditioning. According to the Environmental Protection Agency, homeowners can save up to 70 percent on heating and up to 50 percent on cooling costs per year with a geothermal system when compared with traditional HVAC systems.
“Accelerating clean heating and cooling technologies like ground-source heat pumps is another significant step under Gov. Cuomo’s direction to make New York the cleanest and most energy efficient state in the country," said John Rhodes, president and CEO, NYSERDA. "The recommendations outlined in the framework strongly support New York’s nation-leading clean energy strategy and we look forward to working with the industry to bring these ideas to fruition.”
In addition to rebates, the proposed plan focuses on a wide range of options to overcome barriers to geothermal heating and cooling systems. It will support community bulk purchasing of geothermal heat pumps, increase the availability of financing, streamline the permitting process and help place new technology in market supply chains.Tweet