Tax Credit & NYS Rebates

Federal Geothermal Tax Credits

“A 30% federal tax credit for residential ground source heat pump installations has been extended through December 31, 2032. The incentive will be lowered to 26% for systems that are installed in 2033 and 22% in 2034”

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NYS Income Tax Credit

New York State is now offering an income tax credit on ground source heat pump installs. The current rebate offers customers 25% off the system cost, at a maximum of $5,000 receivable. Call us for more details.

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