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Guide to Federal Tax Incentives for Residential Geothermal Heat Pumps
Publication Type:Guide
Published / Updated:
Sept. 5, 2013
This guide to federal tax incentives for residential geothermal heat pumps includes:
- Eligibility terms
- Residential energy-efficient property credit
- Definition of "Residential geothermal heat pump property"
- Excluded property
- Placed in service requirement
- Tax credit amount and maximum cap
- Cooperatives and condominiums
- Effect on the tax basis on a house
- Business use
- Claiming the credit
- Residential credit examples
- State and local incentives available to geothermal heat pump purchasers