Why the boom in the geothermal heat pump industry?
This Drillers Training Course is designed to help water-well drillers grow their water-well drilling business into GeoExchange borehole and loop field production drilling. The GeoExchange industry has seen an abundance of growth in recent years, and there is new a perfect storm brewing in the well-drilling industry. The perfect storm components are a) the abundant availability of drill rigs due to the precipitous decline in new home construction, b) the demand for geothermal systems due to the dread of future high costs of heating oil, natural gas, and propane, c) the desire to have a green heating and cooling system, and d) new geothermal tax credits for both residential and commercial geothermal heat pump systems. The geothermal tax credits are the triggering component in this perfect storm and they are creating an unprecedented demand for geothermal systems and for GeoExchange loop field drilling. This water-well drilling industry perfect storm is a very important new business growt
