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Eco20/20:Geothermal:Government Incentives

Geothermal: Government Incentives
Renewable Energy

The most abundant source of geothermal energy in the United States is in the Western.

According to the Department of Energy, geothermal energy supplies six percent of California, ten percent of northern Nevada, 25 percent of Hawaii and a significant portion of Utah. It a good source of energy for many states and countries within the "ring of fire".

The United States Farm Bill section on renewable energy, was established to give grants and loans to agricultural producers and rural small businesses with assistance to purchase renewable energy systems or improvements. In 2007 this bill provided 11.4 million in grants and 176.5 million in loans. This is significant because geothermal equipment can dramatically lower electric bills, and produce clean energy.

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