Geothermal Tax Credits

The American Recovery and Reinvestment Act of 2009 made significant changes to tax credits offered for residents who install geothermal systems in their homes.

A one time tax credit is available on any Energy Star rated unit installed from 2009-2016 and the previous $2,000 credit cap has been removed. This means you can save a FULL 30% off of your complete geothermal installation. All eligible Energy Star labeled geothermal heat pumps qualify.

If you'd like, Geo-Enterprises can work with you so that you are guaranteed to receive your credit. Simply use IRS Form 5695.