Get Serious About Going Green - Geothermal Heat Pumps
Geothermal heat pumps are hands down the greenest way to go for heating and cooling your home. Current geothermal tax credit incentives make heating and cooling with geothermal energy more affordable than ever!
Under the current incentives, geothermal tax credits exist up to 30% to expenditures for a system that serves a dwelling unit located in the United States and used as a residence by the taxpayer. Expenditures with respect to the equipment are treated as made when the installation is completed. If the installation is on a new home, the "placed in service" date is the date of occupancy by the homeowner. Expenditures include labor for onsite preparation, assembly or original system installation, and for piping or wiring to interconnect a system to the home.
Read more: Geothermal Tax Credits