30% Geothermal Tax Credit

The residential Federal government tax credit went into effect February 2009 and covers all Geothermal systems installed until December 31, 2016. The heat pump must meet all federal Energy Star program requirements in effect at the time the installation is completed. The tax credit allows for homeowners to receive multiple credits for secondary homes as well. The property where the heat pump is install does not have to be your primary residence. Included expenditures are: labor costs, onsite preparation, assembly, original system installation...

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