Connecticut, United States [RenewableEnergyWorld.com] Connecticut Governor M. Jodi Rell earlier this month announced that the state is dedicating US $4.5 million in federal stimulus funds to help homeowners, businesses and nonprofit groups pay for the installation of geothermal heat pump systems.
The incentive program will be administered by the Connecticut Clean Energy Fund (CCEF), a ratepayer fund that promotes, develops and invests in clean energy resources for the benefit of Connecticut’s electric ratepayers.
“This is a wonderful opportunity and incentive for hundreds of ratepayers to boost the use of efficient, natural energy,” Governor Rell said. “Connecticut is a national leader in embracing and promoting greener, cleaner energy. That allows us to create opportunities for new industry, new jobs and a healthier environment.”
CCEF officials say there is enough funding available to support the installation of about 300 geothermal heat pump systems per year until April 2012, when the federal program ends. The systems can supply up to 100 percent of a customer’s peak heating and cooling load.
“The Geothermal Heat Pump Incentive Program will help to focus the public’s attention on this well-proven technology for reducing the energy needed to heat and cool our homes and buildings,” said Lise Dondy CCEF’s president. “In particular, the program will encourage Connecticut’s HVAC workforce to expand its skills in the geothermal arena and will stimulate residential and commercial geothermal installations by improving the return on investment.”
The new Geothermal Heat Pump Incentive Program is part of the comprehensive State Energy Plan that has qualified for $38 million from the American Recovery and Reinvestment Act of 2009 (ARRA). The plan includes programs that provide incentives for home and businesses to use renewables, expand fuel cell initiatives, increase efficiency measures in state buildings and green job creation.