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Geo - Thermal Energy Back

By
Services for Real Estate Pros with Glenn Simon Inc.

A few month ago there was some talk of reducing the use of natural gas in the oil sands and instead using geo-thermal heat to steam the bitumen out of the sticky tarry sand.

The energy  is consistant, can reduce the emissions of greenhouse gases and requires a small staff load. 

"People are becoming more aware of it...." "Also, the biggest reason would be the energy cost of (conventional sources) and the cost savings with (prices of) fossil fuels rising rapidly." Rick Nelson, general manager of Kelowna-based GeoTility Systems Corp.

Rick Nelson hopes that geo-thermal energy will supply 20 to 30 per cent of Canada's energy needs within 5 to 10 years.

To Read This Article Click Here 

 

John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana
Sounds good.  I was in Las Vegas for the convention and visited Hoover dam.  This is as clean as you can get for energy.
Nov 22, 2007 09:02 AM
Sam Miller
RE/MAX Stars Realty - Howard, OH
Knox County Ohio Real Estate Specialist

I have a water furnce and my heating costs are less than 50% of other similar sized homes and my air conditioning is almost free it is so cheap.  http://www.waterfurnace.com/webcasts_videos.aspx

 

Nov 22, 2007 09:02 AM
Rosario Lewis
DDR Realty - Newburgh, NY
GRI, SRES - DDR Realty - Orange County, NY
I have friends in Northern Pennsylvania who use geo-thermal in their home. They love it for its reliability, cleanliness, and low cost.
Nov 22, 2007 09:04 AM
Bob & Carolin Benjamin
Benjamin Realty LLC - Gold Canyon, AZ
East Phoenix Arizona Homes
Interesting post. Have a nice Thanksgiving Day .. oh wait you guys do not have Thanksgiving Day there.
Nov 22, 2007 09:10 AM
Todd and Danielle Millar
Glenn Simon Inc. - Edmonton, AB
Nineteen years of excellence!

John - I have never been done there but would love to go. Thank for the comment

Sam - Great link. Actually many provincial energy companies are giving their clients loans to buy exactly this kind of system

Rosario - I am a convert too. I want to get this in my house asap

Bob & Carolin - Thanks! We have Thanksgiving just not today. 

 

Nov 22, 2007 10:22 AM