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Specialties
Earth River Geothermal is your locally-owned, full-service geothermal heating and cooling systems provider.
History
Established in 2007.
Geothermal systems are the most energy efficient and can save homeowners 30−60% on heating and cooling costs.
As more budget-savvy Americans turn to renewable energy to power their homes and cut expenses, business is booming for small companies such as Earth River Geothermal, Inc.
Mark Schultz, owner of the Annapolis, Maryland based geothermal heat pump installation company, has worked on over 30 geothermal projects in the past two years. Schultz says «the word is getting out» about geothermal systems, which use the stable temperature located just beneath the Earth’s surface to heat and cool homes.
A 30% renewable energy tax credit, extended by the ARRA, has slashed the average price of installing residential systems from $ 25k to $ 17.5k. Grants from the MDEA and County property tax credits typically lower the price an additional $ 4.5k, making geothermal an attractive energy option.
Businesses and residents installing geothermal systems receive a 30% tax credit before 12/31/2016.
Meet the Business Owner
Mark S.
Business Owner
Earth River Geothermal, Inc.
Mark Schultz, P.G., President
(and the man who answers the phone)
Bachelor of Science Degree in Geology, Allegheny College
Master of Science Degree in Hydrogeology, Kent State University (1973)
Certified Professional Geologist
National Water Well Association Member
Certified Geosystems Installer, Accredited Geothermal Installer — International Ground Source Heat Pump Association’s GeoExchange
Installed first residential geothermal heating and cooling system in 1997
Advisory Board Member, Maryland Clean Energy Center
Member, Chespeake Tech Council
Better Business Bureau Accredited Business, Rated A