Implement Policies for Geothermal Heating and Cooling
The final step in developing geothermal heating and cooling technology policy is to implement policies that will achieve increased deployment of ground source heat pumps (GSHP) and direct-use technologies. Each of these technologies is different and will require a different set of policies to facilitate deployment. Weigh the options for developing new policies or changing existing policies to include geothermal heating and cooling technologies as you move forward.
New policies may be most effective if targeted to market barriers that are not already addressed by existing local, state, or federal policy. For example, if the existing federal investment tax credit can provide the necessary financial incentive to make direct-use projects economically feasible, new policy is likely to be most effective when designed to address resource access and ownership, and local expertise and knowledge barriers that can halt development.
Changes to Existing Policies
Some existing policies can be expanded to explicitly include GSHP and direct-use technologies. In other cases, clarifying eligibility restrictions so that the statutory language is clear about which technologies are eligible for a given incentive or program may be the best approach.
The best policy approach will be dictated by your state's available geothermal resources, current barriers to and opportunities for geothermal development, and existing priorities and goals for energy efficiency and renewable energy.
After implementing your geothermal heating and cooling policy, it is critical to track and monitor its success. If results are not in accord with your goals, you may need to change or modify your policy.