Category Archives: Geothermal Energy

Legislation Currently Being Debated in the 2017 Virginia Assembly Seeks to Correct Federal Injustice and Save Virginia Jobs

Richmond, Virginia, 2017-Jan-19 — /EPR ENERGY NEWS/ — Two Bills introduced into the Virginia General assembly last week raise the hopes of many. Hundreds of Virginians will lose their jobs over the coming months due to inaction on the federal level.

Virginia HB 1891 and SB 1392 seek to remedy the situation.

For years geothermal heat pumps, solar panels and wind turbines were treated as a triad and equally endorsed and supported by the government’s 2009 American Recovery and Reinvestment Act. When the Tax Credit was extended in late 2015 for solar and wind it left out Geothermal. Nancy Pelosi and other leaders immediately stated it was a drafting error that would be corrected ASAP. That never happened and we are left wondering, why?

“The government shouldn’t be in the business of picking winners and losers” Virginia Geothermal Heat Pump Association Director Richard Lay said recently. “We compete for the same consumers dollars. When the long standing Federal tax credit was extended last year for solar and wind and geothermal was omitted, we were left with an unfair playing field. Geothermal works better for Virginia than solar or wind. The return on investment is not even close. Side by side we beat them every time, but now our product is $1.00 and theirs is 70¢ and hundreds of people in the VA geothermal industry will lose their jobs because of it.”

Candidates for VA governor in 2017 Republican Senator Frank Wagner (7th district) and Republican Delegate Timothy Hugo (40th district) introduced bills last week to remedy this situation. Whether current state budget deficits keep them from being successful remains to be seen.

Contact-Details:

Virginia Geothermal Heat Pump Association,
12210 Fairfax Town Center Suite 500, Fairfax VA 22033
877-GET-GEO1 (438-4361)
Richard.L@virginiageothermalHPA.org
VirginiaGeothermalHPA.org

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ENER-G Pumps Up Sustainable Heating And Cooling Operation

ENER-G has launched a new ENER-G Sustainable Technologies division – specialising in the design, installation and maintenance of heat pumps.

Through its exclusive partnership with four leading manufacturers, the company is providing one of the widest selections of ground source, gas absorption, air source and water loop heat pump technologies in the UK.

The new division expands ENER-G’s existing ground source heat pump operation into a building services focused business that can provide total heat pump solutions for all types of heating and cooling applications utilising heat pumps ranging from 1kW to 1000kW capacity.

ENER-G Sustainable Technologies has relocated its Nottinghamshire base from Ollerton into larger premises in Mansfield, which will accommodate its anticipated year-on-year growth.

Managing Director, Paul Burley said: “Our in-house expertise and resources means we can see the whole job through from initial feasibility through to project handover. We operate our own drilling rigs and offer complete in-house services from specialist design, through to complete project management, installation and maintenance of heat pump technologies. We also have the ability to supply bespoke manufactured heat pumps in a variety of sizes to accommodate complex customer briefs, particularly where space is restricted.”

The introduction of the proposed Renewable Heat Incentive (RHI) in April 2011 is expected to stimulate further demand in the sector, providing significant subsidy payments of up to 7.5 pence per kWh for 15 to 23 years that will dramatically reduce the payback period on ground source and air source heat pump technology.

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Global NES of Oregon Helping To Pave A Bright Future!

Global NES of Oregon is a world leader in providing a comprehensive 360 Degree Approach to New Energy Solutions.

Global NES of Oregon specializes in energy efficiencies methodologies and renewable energy technologies powered by clean sustainable solar, wind, hydroelectric and geothermal energy sources. We partner with businesses, governments and industrial clients to identify, design, finance, and build new energy solutions that deliver energy efficiency and take advantage of today’s most innovative renewable energy technologies.

We develop a custom designed system, meeting the energy needs of your company and your community. Renewable Energy solutions deliver long term financial and environmental benefits that are critical for success in today’s demanding markets.

Global NES offers a 360° Approach:
• We listen to our customers in order to fully understand our clients goals and objectives
• We complete an in-depth, state of the art energy evaluation and analysis to determine efficiency, as well as, system options that meet our client’s needs
• We propose and implement energy reduction measures reducing overall energy consumption
• We design and build innovative renewable systems that reduce or eliminate energy expense
• We partner with our clients to deliver financial options and incentives that maximize Return on Investment
• We continue our relationship beyond project completion to ensure a long-term, sustainable solution was delivered

Global NES of Oregon Helping To Pave A Bright Future!

Is Renewable Energy Right For Me?
Renewable energy has a broad-based appeal. The end-line consumer is a homeowner, landlord, retail business owner, farmer, rancher, manufacturer, school, hospital, church, apartment complex owner and virtually anyone who pays a utility bill.

Your motivation:
• Supplementing your energy needs or providing 100% of the power for your location or facility
• Renewable energy offers an opportunity to become self-sufficient
• Revenue generation by selling the energy you produce to tenants or back to the utility providers themselves.
• Reduce your carbon footprint on this planet by reducing emissions and use or dependency on fossil fuels.

No matter what your needs or desires are, we have the solutions for you.

Financing and Incentives
As part of the Global NES 360 Degree Approach, we work closely with our Clients to ensure the right financing options are presented and utilized, as well as our Clients take advantage of all state and federal incentives. The coordination of financing and incentives are critical in delivering a complete project and maximizing Return on Investment.

Financing
Global NES offers a wide variety of financing options including traditional financing packages, lease options and Power Purchase Agreements (PPA). We have an extensive network of financial relationships and partners specializing in financing and investing in renewable energy solutions. Our network includes financing options from the following sources:

• Traditional Financial Institutions
• Leasing Companies
• Investment Banks
• Hedge Funds
• Insurance Companies
• Private Investors
• Venture Capital Firms

Federal and State Incentives
We work closely with our Clients to identify and present the best financial options. We then work hand in hand with our Clients and financing partners to prepare and complete a financial package that maximizes the opportunity for project completion and delivers maximum Return on Investment for our Clients.

There are currently a growing number of local, state and federal incentives designed to help companies develop and expand renewable energy and energy efficiency solutions. These incentives can dramatically help fund or offset project costs, and include some of the following:

• Government and Private Grants
• Clean Renewable Energy Bonds (CREBS)
• Renewable Energy Production Incentive (REPI)
• Favorable Financing Terms
• Rebates
• Tax Incentives and Deductions

With the complexity and rapidly growing number of incentives, it can be overwhelming and challenging to ensure the right incentives are identified and taken advantage of. Global NES works with corporate Clients to make sure all the local, state and federal incentives are identified and fulfilled. These incentives can play a critical role in defining a project’s overall financial outlook, determining cost savings and maximizing Return on Investment.

Energy Efficiency
As part of the Global NES 360° Approach we utilize state of the art technology to analyze and evaluate building infrastructure, systems and processes. Our expert engineering teams identify, design and implement integrated energy reduction solutions that optimize efficiency and maximize savings.

Global NES begins with an in-depth energy analysis and evaluation focusing on building construction, occupancy patterns, mechanical and electrical systems including HVAC and lighting. We design, present and coordinate energy reduction measures that improve facility efficiency, reduce operating cost and maximize shareholder value.

Benefits of Energy Reduction Measures
• Reduce operating expenses and improve cash flow by dramatically reducing energy/utility consumptions
• Identify and reduce energy waste
• Capitalize on federal tax deductions and other government incentives
• Increase the value of your facility
• Decrease maintenance time and costs
• Secure favorable interest rates and terms through Green Financing Options
• Make a positive contribution to the environment by reducing your carbon foot print and greenhouse gas emissions

Global NES also partners with our Clients to ensure maximum Return on Investment by identifying and coordinating favorable financing options and ensuring Clients take advantage of all possible rebates, grants and tax incentives. Please Feel Free To Contact Us For More Information, Or To Schedule Your Free Energy Analysis.

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