Wyandotte, MI was the first city to work with AEG and Geothermal Innovations (Hardin Geothermal) on a city-wide geothermal project. The project was headed up by Wyandotte Municipal Services (WMS), the city’s non-profit utility company. WMS has been a leader in adopting new alternative energy plans (See the Bloomberg Businessweek article below). The plan has gone through many changes since the first draft, which is outlined here. There were no homes in the initial plan, but the first 40+ installations were all homes, aided by federal NSP2 Funds.
WMS has developed a program where any home or business owner can have the geo-field installed by the City. As part of this program the owner simply pays a small monthly fee for its use, or can apply for WMS’s financing at 1.99% interest to finance their own system, up to $50,000. It offers a $1000 per ton rebate to the owner; which is in addition to the federal 10%-30% Investment Tax Credit for all homes and buildings, and the EPA ACT 179d %.60/SF Tax Deduction for Geothermal.
In addition to the NSP2 Funds awarded to Wyandotte to install geothermal in 47 homes, WMS also received a $3.7 Million US DOE grant to use to develop its financing programs for geothermal, solar, or other advanced energy technologies that are renewable and sustainable.