All Library branches will be closed and the Mobile Library will not make its regularly scheduled stops on Monday, May 29, for Memorial Day.

The Park Central, Republic, Strafford, and Willard branch libraries will not have phone service on Tuesday, May 23, due to maintentance. Please call (417) 882-0714 for assistance.

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Business

A Viable Direction?

The Elgin (IL) public library district hopes to break ground on a new facility this spring. It is to include a geothermal heating and cooling system expected to provide annual energy savings of $3,660.

Decades after geothermal technology has been established as a proven energy saver, less than 1% of US homes have such systems. Up to this point, installation of a geothermal system could cost twice as much as a new conventional gas or electric system.

Is there a future for geothermal? Its production and usage seem to involve no environmental degradation, something its competitors certainly can't claim. And what about geothermal electricity production?

Geothermal stocks are a mixed bag of Johnny-come-lately penny stocks and stocks with a respectable capitalization and track record. Among those showing stock-price growth over five years: Constellation Energry Group [CEG] (+223.8%); IdaCorp [IDA] (+48.52%); PG & E [PCG] (+185.23%); Raser Technologies [RZ] (+357.84%).


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