Geothermal energy is thermal energy that is transfered from the earth to a building. This energy can be used for both heating and cooling and has been a proven method over the years to reduce energy consumption and green house gases.
A drawback has always been the greater initial capital cost, which tranlated to a long payback period. As energy costs have increased and lucrative incentives have been initiated, stakeholders are reviewing the geothermal system as an attractive alternative today.
