Detroit Edison snares grant forgeothermal work
The Geothermal Consortium has awarded Detroit Edison a $1 million grant to develop a national demonstration program showcasing the environmental and energy-saving benefits of geothermal heating and cooling systems. The funding will supplement Detroit Edison`s existing geothermal activities and will be used to increase public education and awareness as well as for market research and training. A geothermal system costs $400 to $500 less to operate annually than a natural-gas furnace combined with conventional air conditions, and about $1,200 to $1,500 less per year when compared with a propane or fuel oil furnace and central air conditioning, according to Kenneth Randazzo, Detroit Edison`s geothermal program manager.
The Geothermal Consortium, formed in 1994, is composed of the U.S. Department of Energy, the Environmental Protection Agency, Edison Electric Institute,