GEOTHERMAL
GOVERNMENT REBATE PROGRAMS AVAILABLE FOR LIMITED TIME!
Tax Credit Rebates
The Energy Credit
In October 2008, geothermal heat pumps were added to the Internal Revenue Code. This created a 30% tax credit for costs associated with qualified geothermal equipment “placed in service” through the end of 2016.
• 30% of total system cost
• No limit to credit amount for 2009 installations and beyond
• Can be used to offset AMT tax
• Can be used in more than one year
• Can be combined with solar and wind tax credits
• Can be combined with energy efficiency upgrade credits
What’s Eligible
Geothermal equipment that uses the stored solar energy from the ground for heating and cooling, AND that meets Energy Star requirements at the time of installation is eligible for the tax credit. Covered expenditures include labor for onsite preparation, assembly, or original system installation and for piping or wiring to connect a system to a home. The structure must be located in the United States and used as a residence by the taxpayer, although primary residency isn't required. In fact, if geothermal is installed in more than one home, there is no limitation on the number of times the credit can be claimed.
Contact Us for more information & always consult your Tax Professional.
What Our Geothermal Customers Are Saying...
"I recently completed a large commercial project that included a $300,000 Geothermal system. Arronco completed the project on time and on budget. I was pleased with their end product and would hire them again.
L.Z.
Production Manager
"I particularly like that we don't have to listen to noisy outside air conditioning units, and that the air circulation is much quieter and efficient."
Frank S
"My new geothermal system reaches the set temperature quickly and quietly."
Susan L
"We are looking forward to lower utility bills and the 30% tax credit. It should also add value to the sale price of our house should we decide to move, we probably won't now."
Dan B
"As you know we have a large home. Approximately 6000 square feet finished with total heat and cooling. Our largest utility bill ever has been approximately $220 for 1 month. We even have a swimming pool that filters all summer long."
Chris B
Learn More About Arronco & How They Can Save You Money»
