Geothermal Project for Lockwood?

It has been below freezing nearly every day since Christmas. Now a notion of how to beat the high cost of heating (both air and water) comes to mind in the potential resource beneath our feet.

Is it there to be had? Will government pay to find out? How do we get it? Who will own it? How will the energy be distributed? What are the costs involved? Is it better to "take the bull by its horns" now, or wait for entrenched utility interests to take (away) the initiative? What is a logical first step?

Whatever it is, it will take money. The internet has begun to nurture hundreds of good ideas that are intended to work our economy out of its recent malady. One local attempt is underway to raise initial start up monies. You can read of this here.