What incentives are available for geothermal HVAC?

Category: Financing

On a federal basis, the owner of a commercial geothermal system is eligible to receive a 10 percent investment tax credit, as well as the benefits from accelerated depreciation (including 50 percent bonus depreciation). State incentives can be found on the DSIRE website. Geothermal systems are also typically eligible for energy-efficiency rebates from utility companies.

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