SOURCE: WaterFurnace International, Inc.

January 10, 2008 15:22 ET

Envision Series by WaterFurnace Offers Environmentally Friendly and Energy Efficient Heating and Cooling

Geothermal Systems Contribute to a Cleaner Environment and Savings on Home Energy Bills

FORT WAYNE, IN--(Marketwire - January 10, 2008) - For most homeowners, up to 70 percent of a home's total energy bill goes toward heating, cooling and hot water. Geothermal systems like the Envision series by WaterFurnace (TSX: WFI) capitalize on the solar energy stored year-round just below the earth's surface to provide free, geothermal energy that increases the efficiency of home heating, cooling and hot water systems and reduces energy bills.

-- Free geothermal energy is an unlimited, renewable resource.

-- The Department of Energy and the Environmental Protection Agency (EPA) recognize geothermal systems as the most environmentally friendly, cost-effective and energy efficient heating and cooling technology available.

-- A geothermal heat pump provides a positive cash flow for homeowners and helps utilities achieve significant reductions in their peak demand loads and carbon emissions.

-- Reducing the demand on electric utilities reduces the need for new power plants and the natural resources used to generate electricity.

-- A geothermal system in a 2,500 square-foot home saves the electric utility company more than nine tons of coal a year compared to an electric resistance heating system.

-- In terms of greenhouse gas reduction, installing 100,000 residential geothermal units is equivalent to planting 100,000 acres of trees or permanently removing 200,000 cars from the road.

-- Geothermal systems also help minimize the threats of acid rain, air pollution and global warming that are linked to the burning of fossil fuels.

-- Every 100,000 homes with geothermal heat pump systems reduce foreign oil consumption by 2.15 million barrels annually and reduce electricity consumption by 799 million kilowatt hours annually.

MULTIMEDIA ELEMENTS

Download the Geothermal Journal http://www.waterfurnace.com/downloads/WF312.pdf

Download WFI Green Initiatives http://www.waterfurnace.com/downloads/Green_Initiative.pdf

Download the Savings Calculator http://www.waterfurnace.com/savings_calculator.aspx

QUOTES:

Attributable to Bruce Ritchey, CEO, WaterFurnace International, Inc.

-- "Making the smart decision to purchase a WaterFurnace geothermal system is an investment in energy savings, comfort and reliability. Homeowners who choose an Envision system may realize savings up to 70 percent in heating, cooling and hot water by tapping into the free energy found beneath the earth. And because a geothermal system doesn't burn natural gas, propane or fuel oil, homeowners are impacted less by skyrocketing costs of fossil fuels."

-- "In addition to substantial energy cost savings, the environmentally friendly WaterFurnace Envision systems offer improved comfort and whisper-quiet operation without releasing any harmful carbon dioxide, carbon monoxide or other greenhouse gases."

WATERFURNACE

WaterFurnace International, Inc. is the leading manufacturer of residential, commercial, industrial and institutional geothermal and water source heat pumps. Products from WaterFurnace include energy-efficient and environmentally friendly geothermal comfort systems, indoor air quality products and pool heaters. WaterFurnace (TSX: WFI) was founded in 1983, the company is headquartered in Fort Wayne, Ind. For additional information, please visit www.waterfurnace.com.

Contact Information

  • CONTACT INFORMATION:

    Chuck Manners (Agency)
    Godfrey
    717.393.3831
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