Geothermal-as-a-Service
Brought to you by Fifty Under
Geothermal-as-a-Service
Fifty Under designs, builds, owns, and operates the geothermal system on your site — so you get clean, reliable heating and cooling without buying, financing, or maintaining a thing. The savings we capture show up embedded in your Renewable Energy Fee, and we carry the equipment and the risk for the life of the contract.
A twenty- to thirty-year agreement only works if both sides understand the economics before anyone signs. So we run it as joint diligence with our farmer partner. Information moves both ways under a mutual NDA. Engineering and assessment are grounded in how your operation actually runs. The numbers get modeled openly, until the deal is de-risked for you and for us. Only then do terms go binding.
Fifty Under builds it, owns it, operates it.
Fifty Under owns the geothermal system — and the risk — for the life of the contract. You put in zero capital, and the savings we capture come back to you embedded in the Renewable Energy Fee.
Build
First, Fifty Under evaluates your operation's energy needs — what you use today and where you're headed. We then design the geothermal system that meets those needs most efficiently and construct it on your site. No capital is required from you for the build-out.
Own
Fifty Under pays for that work and carries the asset on our balance sheet, not yours. We manage the taxes, incentives, and financing across the life of the contract — so the system is never your capital problem.
Operate
For the multi-decade life of the asset, we monitor the equipment to confirm it's operating as designed, schedule regular maintenance and repairs, order parts as needed, and take responsibility for major overhauls. You never have to think about it.
Zero capex. Zero surprises.
You start at zero. No system to buy, no loan to take out. From day one, your geothermal system is covered by the Renewable Energy Fee — a payment set under the terms of your agreement, with the savings built into the rate instead of a fuel bill that spikes every time it gets cold.
Energy moves with the market and the weather. The REF follows the schedule set out in your contract, not the weather.
About these charts. Illustrative model — not a forecast, a quote, or an offer. The cost line reproduces the seasonal swing, cold-snap spikes, and upward trend characteristic of the U.S. Energy Information Administration’s Heating Oil & Propane Update and Natural Gas Monthly price series; it is a modeled series in that pattern, not a single historical price curve. The Renewable Energy Fee line shows a fixed rate carrying the known escalator set in the agreement. The shutdown threshold marks the delivered-energy cost at which heating stops penciling for the illustrative facility. Your own figures depend on your site, your loads, and the terms you sign.
The bottom line
You convert a volatile commodity purchase into a predictable line item you can plan around — with no capital out of pocket and no equipment to run.