Federal Tax Credit for Geothermal Systems
Now is a great time to invest in a Geothermal system!
An exciting new tax credit is now available for home and commercial building owners who install geothermal heating and cooling systems through the Energy Improvement and Extension Act of 2008. This federal energy efficiency incentive offers a onetime tax credit of 30% of the total investment for geothermal heaing & cooling systems. A credit of 10% of the total investment is also available for commercial system installations.
To qualify, the systems must meet or exceed EnergyStar requirements and be installed by December 31, 2016. Consult your local tax professional for advice on taking advantage of this tax credit. Contact us at 509-484-1405 for more information or submit your information below and we will get ahold of you to discuss how you could benefit from a geothermal system.