Economics
Geothermal energy is a type of renewable energy that encourages conservation of natural resources. According to the U.S. Environmental Protection Agency, geo-exchange systems save homeowners 30–70 percent in heating costs, and 20–50 percent in cooling costs, compared to conventional systems. Geo-exchange systems also save money because they require much less maintenance. In addition to being highly reliable they are built to last for decades.
Some utilities, such as Kansas City Power and Light, offer special, lower winter rates for geothermal customers, offering even more savings.
Read more about this topic: Geothermal Heating
Famous quotes containing the word economics:
“The new sound-sphere is global. It ripples at great speed across languages, ideologies, frontiers and races.... The economics of this musical esperanto is staggering. Rock and pop breed concentric worlds of fashion, setting and life-style. Popular music has brought with it sociologies of private and public manner, of group solidarity. The politics of Eden come loud.”
—George Steiner (b. 1929)
“Religion and art spring from the same root and are close kin. Economics and art are strangers.”
—Willa Cather (1876–1947)
“Women’s battle for financial equality has barely been joined, much less won. Society still traditionally assigns to woman the role of money-handler rather than money-maker, and our assigned specialty is far more likely to be home economics than financial economics.”
—Paula Nelson (b. 1945)