Soaring energy costs and unpredictable commodity prices can put pressure on your wallet and cause you to delay home improvement efforts.  However, by installing an ENERGY STAR qualified geothermal heat pump, you will realize savings on your first energy bill AND on next year’s tax return.

A 30% tax credit for the residential installation of a geothermal heat pump is currently available, with no cap. 

Download an overview of Federal Energy Tax Credits for Residential Geothermal Systems.

ENERGY STAR Certification Statements
2012 Qualifying ENERGY STAR Products - ECONAR
2012 Qualifying ENERGY STAR Products - GeoSource
2012 Qualifying ENERGY STAR Products - HydroHeat
2011 Qualifying ENERGY STAR Products - ECONAR
2011 Qualifying ENERGY STAR Products - HydroHeat
2010 Qualifying ENERGY STAR Products - ECONAR
2010 Qualifying ENERGY STAR Products - HydroHeat

Additionally, for commercial installations, a credit of 10% of the total investment is available with no cap. The credit is applied to the entire cost of your geothermal system as well as the installation.  

Download an overview of Federal Energy Tax Credits for Commercial Geothermal Systems.

In addition to the Federal Tax Credits, there are also many state and local utility rebates and incentive programs available.  Use our incentive tool below to find a comprehensive list of rebates and incentives in your area.