Renewable Energy
Geothermal Gets Big Tax Credits

 


Stimulus Plan Includes 30% Tax Credit For Geothermal Installations

 

Because of our need for energy Independence, we feel the time is right to start taking advantage of the
  renewable energy supplied by the sun and stored in the earth. At Suburban Heating & Cooling Inc., we pride ourselves on keeping up with the newest and technologically advanced products in our industry. The Installation of a geothermal heat pump system can substantially reduce your heating and cooling operating costs.

The Stimulus Bill signed by President Obama on Ferruary 17, 2009 allows residential homeowners to receive a federal tax credit of 30% for a new geothermal installation. For example, if a homeowner pays $25,000 for a geothermal heat pump system installed in 2009, a tax credit of $7,500 should apply.

If you are considering upgrading or installing a new heating and/or cooling system, it makes sense to look into ground source heat pumps to see if it's the right choice for you. Please check back soon, as we will be updating our website with more information and links in the near future.