Residential Geothermal Rebates

As a home owner you can receive a 30% tax credit on any Geothermal Heat Pump that meets or exceeds Energy Star requirements.  All Egg Geothermal Heat pumps Qualify for this tremendous tax Credit.

The tax credit applies to all the costs you incur when Egg Systems installs your new high efficiency Geothermal Heating and Cooling System(s).

You can file for the credit by completing the Renewable Energy Credits subsection on your tax return forms.  If you are subject to the Alternative Minimum Tax, you can claim the credit on your taxes for the following year. No proof of purchase will be required; however, in case of an audit, you are encouraged to keep a detailed invoice of your investment on file.  After your new Egg Geothermal Heating and Cooling System is installed we will indicate that it is a "Geothermal Heat Pump" on the invoice and note that it "Exceeds requirements of the Energy Star program currently in effect".

The tax credit is available through December 31, 2016. Consult your local tax professional for advice on taking advantage of the tax credit, as this announcement is not intended as a recommendation or endorsement of any financial strategy.
Helpful Resources

- See Federal Tax Credits for Energy Efficiency at  Energy Star
- IRS form 5695 for 2008  Residential Energy Efficient Property Credit (note max credit amount  limited to $2000 – no limit in 2009)
- More Information about the "Residential Renewable Energy Tax Credit"
- Find additional tax incentives that may be available in your state - Florida Home Owners   Georgia Home Owners

Consult your tax professional for details.
*Form 5695 for the 2009 tax year not yet available.