Earth to Air Systems Geothermal Tax Credits
Tax credits made possible by the Energy Improvement and Extension Act of 2008 (H.R. 1424) are now available for home and commercial building owners who install geothermal heating and cooling systems. The program offers a one-time tax credit of 30% of the total investment for homeowners who install residential ground loop or ground water geothermal heat pumps. A credit of 10% of the total investment is also available, with no maximum, for a commercial system installation.
For more information related to Federal and State incentives related to the installation of an Earth to Air geothermal heating and cooling system, visit the Database of State Incentives for Renewables & Efficiency (www.dsirusa.org)
Please consult your tax professional for additional details