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Quantum Quote: \u201cThere's a big misconception with geothermal that you need a huge lawn, a massive yard. That's not the case.\u201d\xa0 - Mark Brescia

The clean energy future is here. Consolidated Edison of NY is providing opportunities for all their customers to reduce the carbon footprint we leave on this earth.\xa0

Transitioning to geothermal for your cooling and heating helps accelerate the reduction of fossil fuels and reduce other pollution. An additional piece of good news is that the federal investment tax credit of 26% was recently extended for 2021and 2022.\xa0

The tax credits and ConEdison\u2019s clean heat incentives dramatically reduce the total cost of the geothermal installations.\xa0

If your concern is not having a lawn to install your geothermal - don\u2019t worry. Cutting edge technology takes care of that issue by drilling straight down - so that you don\u2019t have to use much of your yard at all.

Mark Brescia is a Program Manager in the Energy Efficiency & Demand Management Department at Consolidated Edison.\xa0 Mark manages the second Non-Pipeline Solutions market solicitation, Residential Ground Source Heat Pump and Residential Weatherization programs.\xa0

Prior to joining Con Edison in 2018, Mark worked for National Grid managing their Residential, Multi-Family and Commercial Kitchen energy efficiency programs for New York City and Long Island. He was also previously employed by ICF as part of the NYC Clean Heat initiative of Mayor Bloomberg accelerating conversion of large New York City buildings off heavy heating oil. Mark\xa0 began his sustainability career in his home state of New Jersey managing a fundraising program transitioning residents to CFL bulbs that supported local schools, community groups and houses of worship.\xa0\xa0\xa0\xa0\xa0\xa0

In this episode, Mark discusses ConEdison\u2019s program to provide cash incentives that reduce the cost of geothermal. He talks about existing buildings (including St. Patrick\u2019s Cathedral) that have gone through retrofitting\xa0 geothermal installations, and new construction that provides heating, cooling and hot water with geothermal wells drilled directly under a building.\xa0 He shares that, if you\u2019re cooling / heating systems are not keeping you comfortable and you are experiencing high energy costs, then it\u2019s time for you to consider upgrading to geothermal.\xa0\xa0

Sign up for a free webclass to discover how easy it is to get ultra-efficient geothermal heating and cooling installed in your home \u2013 without the pain of emptying your savings account.

In \u201cThe Power Of Earth with Comfort\u201d From ClimateMaster \xa0free webclass\xa0 you\u2019ll discover the answers every homeowner needs to know, including:

• How geothermal heating and cooling can draw energy from the ground beneath our feet (for pennies)
• Why homeowners everywhere are making the switch
• The secrets to securing utility incentives and tax credits to pay for a large portion of your new geothermal system

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and much more \u2026

Why is ConEdison moving to clean energy, and why are you involved with this program?

\u201cConEdison is really committed to leading and delivering the transition to the clean energy future that our customers deserve and expect. We work together with governments, our customers, industry, various stakeholders to help rapidly reduce the use of fossil fuels. And for me, it isn't my job, it really is my passion. And I've turned that passion into a career.\u201d

Tell us a little bit about the geothermal heating and cooling systems and how those work and what kind of incentives you offer to consumers?

\u201cGeothermal is one of the programs that I work on, primarily focused on our residential customers.\xa0

Geothermal technology is the best of the heat pump technologies. It is the highest efficiency because it's exchanging energy with the earth, and the earth is at a constant temperature.\xa0

What's the total incentive that you're looking at? On average, for a single family home in Westchester, it's about $12,000. And that's per heating capacity. For our larger customers, we have incentives of $150 per mmbtu of energy savings.

If somebody is looking at a geothermal system, though, the average family can expect somewhere around $12,000 worth of cash incentives from ConEdison to help them make that transition.. How does it work?

\u201cThere's no real paperwork for the customer to fill out, you don't have to wait for a check. It's actually right off the top of the install price. So there are no additional forms or waiting. This is money just to reduce your out of pocket costs right upfront and get you going on geothermal or heat pumps right away.\u201d

What are the goals of ConEd\u2019s clean heating program?

\u201cIt's the New York State Clean Heat Program. This is not just an effort of ConEdison. ConEdison is the local electric utility here in New York City and Westchester. But all of the NYS electric utilities are doing this. The goals are to accelerate the reduction of fossil fuels for heating and achieve those larger New York State goals for a low carbon future.\u201d

How can customers access the program - where can people find information? Save With Clean Heating and Cooling Technology - Visit: coned.com/heatpumps

Supernova: \u201cThere's a big misconception with geothermal that you need a huge lawn, a massive yard. That's not the case. There's another type of geothermal system called direct exchange that can be installed in even small spaces.\u201d

\u201cWith new construction, you can build underneath the building straight to the lot lines. And it's great.\u201d\xa0

I was blown away to find out that in ConEd territory, St. Patrick's Cathedral, one of the most famous icons in the world, just recently did a geothermal retrofit with wells 2,000 feet underground in Manhattan.

\u201cIt's a beautiful install. I had a chance to take a look at the mechanical room and it's amazing ConEdison is really proud of that project.\u201d

One thing you're most energized about today: \u201cI would say, it's very recent news that the federal investment tax credit is held at 26% for 2021. But what's really exciting is that it was scheduled to be reduced, but is now extended through 2022.

\u201cThe most incentives you can receive are right now. Plan your upgrade, think about your system, and take advantage of these tax credits and clean heat incentives from ConEdison.\u201d

Piece of Parting Advice: \u201cHeat pumps, including geothermal, are good for customers to provide affordable heating and cooling. They're good for the utility, as they reduce our peak energy use. And they're good for the environment by reducing CO2 and other air pollution.\u201d\xa0

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Connect

Important Links:

• Save Thousands on Geothermal: https://coned.com/geothermal\xa0
• Clean Energy for All : https://coned.com/cleanenergyforall
• Heat pumps for multifamily & local businesses: https://coned.com/heatpumps

Connect:

• E: bresciam@coned.com

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