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What is Geothermal Heating & Cooling?
Geothermal heating and cooling systems use the earth’s stable temperatures to efficiently heat and cool your home, business or shop. In winter, they draw heat from the ground; in summer, they release heat into the ground. This process uses underground pipes filled with a water-based solution to transfer heat.
For agricultural producers and small businesses in Idaho, geothermal systems can cut energy costs by up to 70% compared to traditional systems. They offer long-term savings on utility bills, lower maintenance costs, and reduce your carbon footprint. With REAP funding, switching to geothermal heating and cooling is both a smart financial move and an environmentally friendly choice.
Advantages of Geothermal Systems
Geothermal heating and cooling is a sustainable and cost-effective solution for your home, business or shop. By installing a geothermal system, you not only save on energy bills but also contribute to a greener environment.
Unlock Tax Credits and Funding with REAP
The Rural Energy for America Program (REAP) provides significant financial incentives for agricultural producers and rural small businesses to adopt renewable energy systems. With REAP, you can receive:
- Guaranteed loans covering up to 75% of project costs
- Grants covering up to 50% of project costs
- Combined funding up to 65% of project costs
Who Can Apply?
Geothermal heating and cooling systems offer significant benefits for agricultural producers and small businesses. These systems can reduce energy costs by up to 70% compared to traditional methods, providing substantial long-term savings on utility bills and lowering maintenance costs. Additionally, geothermal systems help reduce your carbon footprint, contributing to a more sustainable environment.
Through the Rural Energy for America Program (REAP), you can access significant financial support to install these systems.
To be eligible for REAP funding:
Agricultural Producers: Must derive at least 50% of their gross income from agricultural operations. This includes businesses directly engaged in the production of agricultural products.
Small Businesses: Must be located in rural areas with populations of 50,000 or less. Eligible entities include private for-profit businesses, cooperatives, electric utilities, and tribal corporations.
Get Started Today!
Discover the power of geothermal energy with Idaho Geothermal! Save money on heating and cooling bills, reduce your carbon footprint, and increase your property value. Plus, learn about the Rural Energy for America Program (REAP) which offers grants and loans to help offset the upfront costs of installing a geothermal system. Contact Idaho Geothermal today to learn how you can save and take advantage of this government incentive.