Based on Wikipedia, geothermal electricity is what can be created from heat stored in the ground. It’s existed for so long as the ground has been around. This source of energy has its source in the initial creation of earth. It stems from the radioactive decay of minerals and also from solar sources absorbed in the surface of the planet. It’s better known today for its capacity to create electricity.
Geothermal electricity is economical, reliable, renewable, and environmentally friendly. It’s been historically confined to regions near tectonic plate boundaries. Tectonic here means about the forces which produce motion and deformation of the earth’s crust. Recent technological improvements have radically expanded the size and range of viable sources, especially for programs such as home heating and launching a possibility of widespread mining.
Theoretically, the planet’s geothermal sources are more than sufficient to provide humanities’ energy requirements, but just a tiny portion of it could be exploited for gain. It’s quite costly to drill for all these deep resources and achievement isn’t necessarily ensured. Forecasting for prospective penetration of renewable energy depends on assumptions about technological advancement, the purchase price of energy, subsidies and rates of interest. One just needs to look that the improvement of solar energy and wind power to forecast that renewable energy will develop into a significant source of renewable energy.
You can resort to eco-friendly process in obtaining your energy to avoid you from paying very high electric rates.