Case study of an onsite utilities cooperative: unlocking geo-exchange for affordable, low-carbon heating

Calgary

Climate Resilience & Emissions Reduction

    Grantee

    • EQUS

    Location

    • Calgary

    Status

    • In Progress

    Stream

    • Climate Innovation Grant

    Date

    • Aug 1, 2025

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 at 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.

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