Return to the Heating & Air Conditioning Forum | Post a Follow-Up

 o
Geothermal Gov. rebate questions?

Posted by JMphoto (My Page) on
Mon, Apr 18, 11 at 21:16

Those of you who installed Geo thermal, did you get your rebate?
If so, how long did it take? Did you have to jump through hoops to get it?
Since it is a lot of money and obviously a help with affording the cost of the install, its a deciding factor.
Thanks


Follow-Up Postings:

 o
RE: Geothermal Gov. rebate questions?

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


 o
RE: Geothermal Gov. rebate questions?

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.


 o Post a Follow-Up

Please Note: Only registered members are able to post messages to this forum.

    If you are a member, please log in.

    If you aren't yet a member, join now!


Return to the Heating & Air Conditioning Forum

Information about Posting

  • You must be logged in to post a message. Once you are logged in, a posting window will appear at the bottom of the messages. If you are not a member, please register for an account.
  • Posting is a two-step process. Once you have composed your message, you will be taken to the preview page. You will then have a chance to review your post, make changes and upload photos.
  • After posting your message, you may need to refresh the forum page in order to see it.
  • Before posting copyrighted material, please read about Copyright and Fair Use.
  • We have a strict no-advertising policy!
  • If you would like to practice posting or uploading photos, please visit our Test forum.
  • If you need assistance, please Contact Us and we will be happy to help.


Learn more about in-text links on this page here