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Geothermal Tax Credits are Back!

The reinstated GHP tax credits are retroactive to Jan. 1, 2017, and extended to Jan. 1, 2022.

Get answers to your Questions.  Mid-Coast Energy Systems are happy to answer your heating & cooling questions about geothermal.  Find out about energy efficiency, maintenance and cost of installation. Discover how important it is to properly size a geothermal system based on demand.  Data supports the many benefits of choosing geothermal to heat & cool in Maine.

geothermal installation Warren Maine

geothermal installation Warren Maine

Rates for fossil Fuel will only get worse. Heating fuel is slowly creeping back up in price, and will likely remain volatile in the future.  A geothermal system provides a renewable source of energy by using heat from the earth that is stored beneath the ground on the property.  Geothermal systems yield impressive savings to the homeowner from the first day of use. Once the system is paid off, the only monthly utility bill remaining is for minor electricity to run the heat pump.

Initially, geothermal is more expensive than other heating & cooling systems to install.  In the long term, statistics prove that savings far outweigh the cost of installation (when compared to other fuel sources over the same time period.) A 30% federal tax credit and  $5,000 Efficiency Maine rebate are now available.

GEOTHERMAL REVISITED: A look back at Bill Judd’s System

GEOTHERMAL REVISITED: A look back at Bill Judd’s System
~ By Holly Haining-Zulieve

We thought it might be a useful exercise to catch up with customers previously featured in Customer Corner articles. We wanted to learn how various systems have been performing and share the results with all of you.

BILL JUDD – SUMMARY:
Bill’s story was first featured in the January 2013 issue of PIPELINE, but the relationship actually began in 2008, soon after Bill had purchased the post & beam farmhouse on the Damariscotta River. Coincidentally, we also had installed the plumbing for the original owner when the house was built in 2002. Bill bought the house with the intention to transform its mechanical systems according to his own specific energy efficient requirements and we were pleased that he asked MCES to orchestrate the process. The old boiler was replaced with a new, highly efficient NTI propane unit, and then added a mini split heat pump to the sunroom to supplement the room’s solar gain and radiant floor heat on the coldest days of the year. Finally in 2012, MCES installed a geothermal heating system – the piece de resistance to Bill’s vision.

HERE’S THE REST OF THE STORY
Recently, I paid Bill a visit to find out how things were going with the new systems since my interview with him five years ago. He reported that things had, in fact, gone well and according to the plan. He said that the house has remained comfortable primarily due to the geothermal system that supplies all of the heating and domestic hot water, including radiant heat in the basement and first floors and a ductless heat pump on the second floor. Bill also burns an average of two cords of wood per year in his centrally located woodstove. According to Bill, all systems have been working together by harmoniously performing their specific functions, so-much-so, that these days he rarely thinks about it.

MAINTENANCE

Bill says that in 2014, within the first 24 months after the geothermal system was installed, a “few bugs” had to be worked out. We solved the problem with the addition of a small pressure tank, and upgrading from a relay unit to a new control switch that allows for better communications between the geothermal & propane units. Happily, since those changes were made none of the mechanical systems have required no further attention.

COST SAVINGS

Today, with all of the homes heating being driven primarily by geothermal, Bill enjoys bumping up the thermostat much higher than before. Because propane is only needed during sub-zero temperatures, Bill’s combined utilities costs have gone down.

FUN GEOTHERMAL FACTS:

Bill Judd

Bill Judd sits with his Corgi Rudy in the sunroom of his Damariscotta home. Bill added the sunroom in 2008 and hired MCES to install a mini split heat pump to supplement the room’s solar gain on the coldest days of the year. Bill sits among orchids and other flowering plants he nurtures, such as bromeliads.

• Geothermal systems produce zero carbon monoxide and greenhouse gas emissions.
• Depending on current fuel costs (that fluctuate wildly from year to year) operating efficiencies have been known to provide up to 70% savings versus traditional heating and cooling equipment.
• A geothermal system operates the same whether you are in Maine or Miami. Heat is moved into the earth in the summer, and removed from the earth in the winter.
• Geothermal requires very little maintenance; because geothermal systems have one-third of the moving parts as traditional HVAC equipment.
• It takes one unit of electricity for a geothermal heating & cooling system to move up to 4 units of cooling or heating from the earth to a building.

Geothermal at the 2016 Common Ground Fair

Mid-Coast Energy Systems Talks Geothermal

Get answers to your Questions.  Mid-Coast Energy Systems is exhibiting at the 2016 Common Ground Fair  – September 23, 24& 25.   MCES staff will answer your heating & cooling questions about geothermal. Discussions will include energy efficiency, maintenance and cost of installation. They will also show how to properly size a geothermal system based on demand.  Data supports the many benefits of choosing geothermal to heat & cool in Maine.

geothermal installation Warren Maine

geothermal installation Warren Maine

Rates for fossil Fuel will only get worse. Heating fuel has temporarily dropped in price, but monthly rates for use of oil and propane will likely remain volatile in the future.  A geothermal system provides a renewable source of energy by using heat from the earth that is stored beneath the ground on the property.  Geothermal systems yield impressive savings to the homeowner from the first day of use. Once the system is paid off, the only monthly utility bill remaining is for minor electricity to run the heat pump.

Initially, geothermal is more expensive than other heating & cooling systems to install.  In the long term, statistics prove that savings far outweigh the cost of installation (when compared to other fuel sources over the same time period.) A 30% federal tax credit and  $5,000 Efficiency Maine rebate are still available.

 

To learn more about heating and cooling with geothermal, find us  in the shelter & energy section of the Common Ground Fair in Unity Maine. Gates open at 9:00 am each day.   Information and directions can be found on the MOGFA website:  http://www.mofga.org.  To contact Mid-Coast Energy Systems, please call 207- 563- 5147 or stop by their showroom located at 33 Midcoast Rd. Damariscotta, Monday – Friday 8:00 to 4:30.

Thinking Geothermal? How to Qualify for Tax Credits that End Soon

If you have been thinking geothermal, you should know that 30% Federal Tax Credit for is set to expire on December 31 of this year

 

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In order to qualify for the Tax Credit, a qualifying unit must:

  • meet the Energy Star Most Efficient guidelines at the time of installation
  • be completely  installed & operational
  • paid in full

  Before December 31st, 2016

Although legislation has been introduced Legislation to extend the Sec. 25D Residential Energy Efficiency Property Credit for five years beyond its sunset date of Dec. 31, 2016, there is no guarantee – so contact Mid-Coast Energy Systems today.

So if you have been on the fence about installing Geothermal, or saving up for a system, you should act now to schedule a no-cost geothermal evaluation.  MCES is currently booking spring 2016 geothermal installations.

 

Geothermal could make your Life Better

Many people ask us how Geothermal Heating & Cooling Works…

Here’s How……

Geothermal-Diagram-Master

Geothermal Heat Pumps use the nearly constant temperature underground to heat or cool a buildings interior

  1. Ground loops filled with fluid absorb heat in the winter and release it in the summer.
  2. The evaporator transfers heat from the ground loops to refrigerant fluid circulating in the system.
  3. The compressor increases the pressure on the fluid to raise its temperature.
  4. The desuperheater takes some of the excess heat and routes it to the hot water heater.
  5. A reversing valve lets the heat pump switch directions to either heat or cool the building.
  6. The expansion valve lowers the fluid’s pressure and temperature so that it flows toward the evaporator, and the cycle starts again.

 

Benefits:

  • Comfort: In homeowner surveys, these systems are routinely ranked as “more comfortable” than conventional gas, oil or electric systems. They provide a more comfortable and even heat with no odor of fuel.

 

  • Quiet: Also provides air conditioning eliminating the need for the traditional noisy outdoor A/C unit.

 

  • Longevity: Has a life expectancy of at least twenty years.

 

  • Environmental Factor: Geo systems are an environmentally conscientious choice.  You can immediately cut your emissions up to fifty percent: the equivalent of taking several cars off the road.

 

  • Generous Tax Credits: Are set to END in December of 2016.