In a geothermal system, the Earth’s crust is used as a heat transfer. During the summer, your house would be cooled by sending heat down into the ground, while in the winter, heat would be brought up in a closed loop system that requires no water, anti-freeze or water pumps. It can be hooked up to your current heating system.
“Al Gore chose Geothermal over any other system in the world," Kulacz said. “It’s the least understood technology.”
It was explained that a geothermal system can reduce heating and cooling costs by 80 percent and can last 25 or more years. In addition, this system can raise your home’s value and comes with a 30-percent tax credit from the Federal government. However, a geothermal system is not cheap to install. It is estimated that a newly installed system with all new duct work would cost around $60,000. However, according to Kulacz, the system will pay itself back with energy savings in three to five years.
According to Ben Waller from Mercury Solar Systems, the Solar PV system, out of the three presented had the biggest tax incentive with a 30-percent tax credit from the Federal government and a 25-percent tax credit from the state. Solar energy is so popular that there is a push to get The New York Solar Jobs Act of 2011 finalized before the end of the legislative session.
In a Solar PV system, solar panels take light from the sun and convert it to energy. However, the energy from the sun converts into direct current (DC) energy so it is sent down to a converter to change it into alternating aurrent (AC) that is used in the house. In the solar PV system, you would still be connected the power grid for times when there is no sunlight.
Author: Zhejiang Haining Tiange Solar Energy Science Technology Co., Ltd.
Website:http://www.sunnyrainsolar.com/
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