Time is ticking on the availability of U.S. government tax credits for eligible residential renewable energy HVAC projects. If you’re planning installation of a geothermal heat pump or other relevant projects, be sure you’re aware of the waning credit value timeline. Home projects commencing within the 2021 calendar year may be eligible for the tax credit.
Geothermal Tax Credit Timeline:
- Now through December 31, 2019, the eligible credit is 30 percent
- January 1, 2020, the credit will drop to 26 percent through January 31, 2021
- Credit values drop to 22 percent through January 2022
Geothermal HVAC solutions are designed to reduce your carbon footprint, save on energy bills and increase the re-sale value of your home. If you’re considering completion of a similar project, contact Sensible Heating & Cooling at 720-876-7166 or via email [email protected] / [email protected]. We always conduct complimentary consultations to determine if geothermal is right for your home. And, if you want to take full advantage of the tax credits, please call soon! We want to help you maximize your savings, while also helping your home and the environment.
About Sensible Heating & Cooling
Sensible Heating & Cooling is Denver’s Premier Heating & Cooling company, offering a wealth of experience and knowledge in traditional HVAC, as well as alternative systems such as geothermal, heat pumps and boilers. To learn more about Sensible, visit https://sensibleheat.net/.
