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PanTerra in the News :: GHP Firm is PUC-Registered

October 1, 2012

By Greg Ettling

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PanTerra Energy, an accredited alternative energy solutions provider specializing in geothermal heat pump systems, is the first company of its kind in the country to have received a Public Utilities Commission (PUC) registration. This PUC designation is the first step in allowing PanTerra to apply for a permit to act as a sole utility, leasing and selling direct access to a geothermal loop field without additional third-party involvement. PanTerra designs, builds and installs what many believe to be the next wave in eco-friendly and cost-effective improvements for homes, businesses and municipalities.

“From the outset, we sought to differentiate ourselves from other geothermal heating and cooling suppliers,” says co-founder Mike Ryan. “Acquiring the PUC license is the initial proof-point, as we’re able to make geothermal technology available to a wider audience at a lower cost.”

“More than any single factor, the added costs of the loop field are suppressing the widespread adoption of geothermal heat pump systems (GHPs),” says Ben Northcutt, executive director of the Colorado Geo Energy & Heat Pump Association. “If you view the loop field as an infrastructure component of a heating and cooling system, it makes a lot of sense to treat it as a thermal utility, which is the concept that PanTerra is pioneering. If you can provide users with a straightforward monthly cost for their heating and cooling, without the added financial burden of buying the loop field infrastructure, then GHPs can quickly become a mainstream technology.”

PanTerra’s founders have also met with local legislators who are equally excited about their prospects and the creation of additional green jobs.

Source: National Driller

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PanTerra in the News :: Geothermal Utility Launches in Colorado

Move over water, gas and electricity—geothermal can now operate as a utility.

KATHERINE TWEED: SEPTEMBER 25, 2012

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The recent success of solar PV has nothing to do with the sun shining brighter. Instead, the uptake in solar is largely due to falling technology costs and new financing schemes that don’t rely on homeowners or businesses to shell out cash upfront for an entire system.

Solar models are now informing other renewable energy technologies, namely, geothermal heat pumps. Unlike geothermal power plants, which involve deep drilling to access naturally occurring reservoirs of hot water, geothermal heat pumps sit far closer to the surface and provide heating, cooling and hot water at a fraction of the cost of conventional systems. Despite the incredible resources for different geothermal technologies in the U.S., these vast resources remain largely untapped for many reasons.

The upfront cost of a closed-loop geothermal heat pump, which involves installing a series of liquid-filled underground pipes, has kept the technology on the sidelines. In Colorado, that could become a problem of the past. PanTerra Energy has become the first private company to be registered with the Public Utility Commission as a geothermal utility in Colorado.

Source: GreenTech Media

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PanTerra Energy is First Geothermal Company to Receive Public Utilities Commission Registration in the Country

Geothermal Technology Now More Affordable and Available to Wider Audience

DENVER – AUGUST 27, 2012 – PanTerra Energy, an accredited alternative energy solutions provider specializing in geothermal heat pump systems is the first company of its kind in the country to have received a Public Utilities Commission (PUC) registration. This PUC designation is the first step in allowing PanTerra to apply for a permit to act as a sole utility, leasing and selling direct access to a geothermal loop field without additional third party involvement. PanTerra designs, builds and installs what many believe to be the next wave in eco-friendly and cost-effective improvements for homes, businesses and municipalities.

“From the outset, we sought to differentiate ourselves from other geothermal heating and cooling suppliers,” says Co-Founder Mike Ryan. “Acquiring the PUC license is the initial proof-point, as we’re able to make geothermal technology available to a wider audience at a lower cost.”

As a new company entering the geothermal market, PanTerra has proven to be forward-thinking, offering thermal purchase agreements that provide a no-cost option to retrofit residential, commercial and municipal homes or buildings with super-efficient systems.

“More than any single factor, the added costs of the loop field are suppressing the widespread adoption of geothermal heat pump systems (GHPs). If you view the loop field as an infrastructure component of a heating and cooling system, it makes a lot of sense to treat it as a thermal utility, which is the concept that PanTerra is pioneering.  If you can provide users with a straightforward monthly cost for their heating and cooling, without the added financial burden of buying the loop field infrastructure, then GHPs can quickly become a mainstream technology,” said Ben Northcutt, Executive Director, Colorado Geo Energy & Heat Pump Association.

PanTerra’s founders have also met with local legislators who are equally excited about their prospects and the creation of additional green jobs.

About Geothermal

According to the EPA, geothermal uses 25-70% less energy than conventional HVAC systems. Geothermal heat pumps can reduce energy consumption, and corresponding emissions, up to 44% compared to air-source heat pumps and up to 72% compared to electric resistance heating with standard air-conditioning equipment. The heart of GHPs is the loop field buried below ground that circulates a water-based solution. The system uses the near-constant 55-degree temperature of the earth to heat a structure in the winter and cool it in the summer.

PanTerra Energy can help you make the smart choice, naturally. For more information, please visit our website or call 720-493-1000. Follow PanTerra on Facebook and Twitter.