Home Owners
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| $1500 Tax Credit |
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Available To Everyone…Regardless of Income Level! The American Recovery and Reinvestment Act of 2009, allows consumers to upgrade to more energy efficient Heating/Cooling equipment and Water Heaters to save on their energy bills now, and save on their taxes next year.  WHAT IS THE DIFFERENCE BETWEEN A TAX CREDIT AND A TAX DEDUCTION ? A tax deduction lowers the adjusted gross income and possibly moves the taxpayer to a lower tax bracket. For example, with a tax credit, if the tax payer owes $2000 in taxes, their liability is reduced to $500. If they owe nothing, they can expect a $1500 refund. GEOTHERMAL TAX CREDIT... 30% OF TOTAL SYSTEM COST... NO LIMIT Geothermal equipment that uses the stored solar energy from the ground for heating and cooling, and that meets Energy Star Requirements at the time of installation is eligable for the tax credit. The credit is 30% of the total system cost, without a cap. Covered expenditures include labor for onsite preparation, assembly, or original system installation and for piping or wiring to connect a system to the home. TAX CREDITS HAVE A GREATER BENEFIT TO YOU! To learn more call 402-597-2168  Frequently Asked Questions. |