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Are there any incentives offered for installing a geothermal system?

April 26, 2017Geothermal incentives offered system

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Are there any incentives offered for installing a geothermal system?

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Yes! As part of the Emergency Economic Stabilization Act of 2008, tax incentives for homeowners are now 30% of the total installed cost with no cap for those installed after January 1, 2009 and before December 31, 2016. In addition, Howell-Oregon Electric Cooperative offers a rebate of $350.00 per ton. See Butler Heating and Air for more details.