JMphoto

suggest you read the link below. as far as I know, there is no rebate from the federal govt. There is a tax credit on geothermal of 30% of cost-no max. You should check to see if HVAC manufacturer offers a rebate,if your state gov't offers any incentives, and any help from your electric utility. Because of the cost of geo, I would run this by your tax specialist to make certain there are no misunderstandings so you will know exactly what to expect from all quarters and how this affects your taxes.

IMO

Here is a link that might be useful: Fed Gov't Tax Credit on Geo

Thanks for the info. I am glad you gave the info as the one HVAC contractor made it sound like I would get a rebate check!
I will contact my accountant to see how this would play out for my taxes.