In its simplest form, geothermal energy is heat from the Earth. This clean and renewable energy source is harnessed commercially and converted into electricity. And while geothermal energy use accounts for just 1% of the total United States electric production, with a current installed capacity of 3,187 MW spread throughout nine states, geothermal use has grown by 3% annually over the past 10 years.
The future of geothermal energy is bright and for good reason. Unlike other renewable energy resources, like wind and solar power, geothermal energy has far fewer variables. While wind power and energy power are affected by nature, geothermal energy is available twenty-four hours a day, seven days a week, 365 days a year.
Geothermal power is economically attractive, as well. Geothermal electricity is the lowest cost renewable power source around, providing long-term fixed power prices. Oh, and did we mention that geothermal energy can also help reduce the U.S. dependence on foreign fuels?
Still, despite all of its benefits, geothermal energy is a very small piece of the U.S. energy puzzle. But that could change in the near future…
To learn more, please contact CQI Associates by calling 410-740-0667 or visit CQIAssociates.com today!
CQI Associates is a leader in energy and environmental consulting.
As a leader in the business and residential energy market, CQI Associates manages Commercial and Residential Energy Cooperatives in Maryland, Washington DC, Delaware, and Illinois. Our goal is to provide energy and environmental management services that allow our clients to increase profitability by minimizing operating costs.
We custom-tailor our services to suit each and every customer’s unique needs, a proven method that has produced significant results. We save the average customer 8–15% on an annual basis.
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