The only other country to have ageothermal code is Australia, which has a considerably smaller total market capitalization of geothermal companies than Canada.
At current electricity prices, an investment in ageothermal heat pump system can be paid off in less than eight years, says Trane, which like other energy service providers has seen a big uptick in interest for geothermal systems in recent years, from the military, schools, corporations and even residential customers.