Equs, Truman Homes and Thermal Creek receive funding from Alberta Ecotrust
EQUS | Case Study of Onsite Utilities Cooperative: Unlocking Geo Exchange for Affordable, Low-Carbon Heating
Alberta Ecotrust Funds Geothermal study.
EQUS, a not-for-profit utility, is working with Thermal Creek Geothermal and Truman Homes to complete a Final Investment Level Study on an innovative new financial model called an “Onsite Utilities Co-op.” The study will examine the deployment of geothermal energy on one of Truman Homes’ multifamily developments, comparing building owner financing to on-site utilities cooperative models. Through this project, they hope to create a roadmap to develop cost-competitive geothermal assets.