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Take Advantage of the Tax Credit for a New Geothermal System

02/26/2013
There is wonderful news for homeowners residing in Northern Colorado. The American Recovery and Reinvestment Bill of 2009 has created an increased tax credit over the old legislation. This is applicable to anybody who has a geothermal heating and cooling system installed anywhere between January 1, 2009 and December 31, 2016.

Under both bills, you can take a one-time tax credit of 30% of the investment cost. Although, the original legislation had a ceiling of $2,000. The primary benefit of the newer bill is that there is no cap anymore. You get the full 30% of the cost of geothermal system installation. And that’s just for residential consumers. Commercial entities will also benefit from this bill by being eligible for a credit of 10%.

The only thing that you need to meet in order to qualify for the tax credit is that your geothermal system must meet Energy Star requirements. You can rest assured that all of our WaterFurnace systems meet these standards with ease.

Today, more than half a million homes across the United States benefit from geothermal systems. The growing popularity of these systems is fueled by soaring energy prices and the number of homeowners looking to reduce their carbon footprints. To learn more about the tax credit and the American Recovery and Reinvestment Bill or 2009, visit http://www.dsireusa.org or contact your local tax professional. For more information on any of our fine products, give us a call or send us an email today.
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About Comfort By Nature

Comfort By Nature has provided Northern Colorado geothermal heating and cooling solutions for many years. We proudly offer Northern Colorado WaterFurnace geothermal systems and stand behind our quality work and products. Call us at Comfort By Nature today. We are ready to bring you into the WaterFurnace Northern Colorado geothermal family.

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