Ohio's full service geothermal installation company
We Service all Makes and Models of Geothermal Systems, With Over 750 Satisfied Customers throughout Ohio and neighboring states.
RESIDENTIAL TAX CREDITS FOR GEOTHERMAL HEAT PUMPS
Homeowners are eligible for a 30% tax credit under the Inflation Reduction Act (IRA) Residential Energy Efficient Property Credit (Section 25D) for ENERGY STAR-rated GHPs that are in service by Jan. 1, 2033.
The tax credits expire at the end of 2034. The schedule for phasing out the tax credits means that the credit is:
30% when your GHP is placed in service after Dec. 31, 2021 and before Jan. 1, 2033.
26% when your GHP is placed in service after Dec. 31, 2032 and before Jan. 1, 2034.
22% when your GHP is placed in service after Dec. 31, 2033 and before Jan. 1, 2035.
More information https://www.energystar.gov/about/federal-tax-credits/geothermal-heat-pumps
30% Tax Credit Available For Residential Geothermal Systems Placed In Service By December 31, 2024
Credentials
- State Electrical Contractor
- National Ground Water Association Licensed Drilling
- IGSHPA Fuse Welding Certified
- State Licensed HVAC Contractor
- Refrigeration License Universal