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Formed in 2002, Earth to Air Systems developa heating and cooling systems based on a technologyy known as directexchange geothermal, called DX in the The company’s applications have been shown to reducs heating and cooling costs by 50 percentr to 80 percent, CEO Randy Wiggxs says. Earth to Air’s system bypasses the more conventional geothermalo heating andcooling model. Instead of usin g water as a source, the technology skips a step and controlds heating and temperatures directly from the earth with copper tubing. The tubes tap into wells that are 300 to 500 feet Environmentally friendly refrigerants are then pipedr throughthe tubes.
Earth to Air’sz revenue comes from licensing fees collectexd from heating and cooling companies who decidse to market and install the Earth to Air got its firstg international distributor two years ago when Australianh entrepreneur John Gagliardi embraced the Hesays he’s secured more than $30 milliomn in projects, including contracts with school systems, mining camps, housing projects and majorf corporations, such as BP. “Wde are moving into significant Galiardi says, adding that he’s planningb on expanding into the Southeast Asiaj market soon.
Galiardi predicts that Earth to Air willbecomse “a billion dollar business or Sales in the first quarter were up 60 percentr from the same time last “We’re living in an time when there’ss a huge demand (for products) to reducs our dependence on foreign oil,” Gagliardoi says. “Twenty years ago this wouldn’t have worked. It wouldn’t have even worked 10 years ago. But now the potential is There are multiple installations of Earthto Air’sw geothermal system in the United States, but the companhy is just now setting up a formal distributor network, says Claytojn Washburn, chief operations officer at Earth to Air.
“Our biggesft struggle is having to say noat times,” Washbur n says. “We’re preparing for a much biggert onslaught.”
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