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Geothermal Tax Credit Incentives
Given the cost and instability of energy sources like oil, the federal government encourages energy-efficient alternatives by offering tax credits on qualifying geothermal systems.
Geothermal heat pumps use electricity and draw thermal energy directly from the earth. Using your yard, pond or well, this ingenious technology enables you to enjoy higher energy efficiency inside your home – no matter how extreme the weather gets outside.
Go geothermal and you’ll see substantial savings on your energy bills year to year – and a big boost from Uncle Sam in the form of a one-time tax credit of up to 30% of the installed cost[5].
