In December 2020, the tax credit for geothermal heat pump installations was extended through 2023. 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. The credit has no limit and there's no limitation on the number of times the credit can be claimed.
US Tax Credits Through 2023
The energy tax credit can be combined with solar and wind credits as well as energy efficiency upgrade
credits. A 26% federal tax credit for residential ground source heat pump installations has been extended
through December 31, 2022. The incentive will be lowered to 22% for systems that are installed in 2023, so
act quickly to save the most on your installation.
Total Energy Concepts is proud to serve the people of Vancouver and the surrounding area with prompt, quality service. We install WaterFurnace products which have industry leading warranties and performance. We pride ourselves on exceptional customer service. Call 360-571-7002 today to schedule a service appointment or for a free, no-obligation consultation. We’ll help determine the perfect system for your home or business.
Our team services most major brands of geothermal and HVAC equipment. We’ve been proudly serving Vancouver and the surrounding area with top of the line products, service, and maintenance for years and hope to do the same for you, give us a call today!