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.
GHP Firm Is PUC-registered
September 14, 2012