New York Puts $3.8M Behind Large-Scale Geothermal Heating-Cooling Challenge

New York is making it easier for facilities in the state to access analyses that will help determine whether they can benefit from geothermal systems for heating and cooling.

The New York State Energy Research and Development Authority (NYSERDA) and New York Power Authority (NYPA) said they are dedicating $3.8 million to launch the statewide effort, called the Geothermal Clean Energy Challenge.

Eligible organizations include state and local governmental entities —state agencies, fire departments, and water and sewer districts — as well as public or private K-12 schools, colleges, universities, hospitals and nursing homes.

Up to 25 of the most viable sites will be awarded with a more refined economic analysis and building energy model for their proposed geothermal systems and up to $125,000 in matching funds per site for detailed design studies. Additional project funding will be available through NYPA financing and NYSERDA rebates.