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”
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.
Utility Rebates
Utility Rebates are available for NYSEG, National Grid, RGE, ConEd, and Central Hudson!