Should Ontario follow Vermont with generous new incentives for homeowners?
Should Ontario follow Vermont with generous new incentives for homeowners?
Great article on Vermont giving incentives to boost Geothermal heat pumps.
Vermont this summer launched an initiative to spur a challenging but potentially crucial market in the state’s decarbonization goals: ground-source heat pumps.
But even with generous new incentives for homeowners, installation is expensive — running upward of $25,000 to $40,000 — and the market is small. Supporters say that while ground-source (also known as geothermal) technology could help New England states achieve their electrification goals, it will take some time to ramp up.
What do you think? Let us know.
https://bit.ly/3AgQzlV
