Reducing Costs & Increasing Equity
Through ultra-efficiency, thermal networks will radically reduce the expensive upgrades needed to our electric transmission and distribution systems. Can some of those avoided costs be reallocated to retrofitting buildings so they can connect?
Paying for Boreholes & Building Retrofits with Bonds
Can state bonds pay for geothermal boreholes under public parking lots? State bonds would cut the cost of capital in half in comparison to utility financing. This “avoided cost” can help pay for the retrofits in the buildings so that all residents can interconnect to the network no matter what their income level.