Geothermal Energy: How NY Buildings Are Saving Money With It Right Now

New York City

Oct. 30, 2014 — Well, well, well ... which is exactly what we're talking about. Geothermal wells, that is, which Habitat has written about since 2008. Why? Because depending on its viability for your particular co-op or condo's location, a geothermal energy project could save you enough bucks you'll want to yell, "Drill, baby, drill!" Although, as BrickUnderground.com's handy primer on geothermal explains, these aren't necessarily wells in the traditional Lassie-has-to-rescue-Timmy-fro sense, but rather a series of underground pipes and pumps that circulate groundwater from the 55-degree good Earth in a way that helps regulate the temperature in your building. It's actually pretty fascinating. Plus, there are government incentive programs to help defray the cost of installation. Saving money through science ... we can dig it.

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