Geothermal Tax Credit Information
Tax Credits for Geothermal heat pumps are available:
30% for systems placed in service by 12/31/2019
26% for systems placed in service after 12/31/2019 and before 01/01/2021
22% for systems placed in service after 12/31/2020 and before 01/01/2022
Expires: December 31, 2021
Details: Existing homes and new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify.
Please note that not all energy star products will quality for a tax credit.
Please consult your tax expert on any tax credit to which you may be entitled.
For complete information about tax credits visit energystar.gov