Archive for the Is Geo for Me? Category
Last Chance for 30% Federal Tax Credit
There is no tax credit extension
Through December 31, 2016 home owners who install Energy Star certified geothermal heat pumps are eligible for a 30% federal tax credit.
Although the geothermal industry fought hard and continues to fight to have it extended, there is no extension. You have under 200 days to take advantage of this huge discount.
Who should pay attention
1. Homeowners who plan to stay in their current home for at-least 7 years heating with propane or heating oil.
2. Peo ...
$1,800 Rebate for Maryland Residents
As of July 1 2014 a new rebate is in effect for Maryland Residents who install a closed loop geothermal systems. The previous rebate was $500 - the new one is $1,800. If you are a Maryland resident switching to geothermal be sure to ask your contractor about the new $1,800 rebate!
To qualify the system much have an Energy Efficiency Ratio (EER) of 17.1 or higher and a Coefficient of Performance (COP) of 3.6 or higher. The majority of geothermal heat pumps far exceed these ratings.
The revi ...
How to protect your yard during a geothermal installation
A question that often surfaces before a homeowner decides to sign a contract with a geothermal installer is how the installation is going to affect their yard.
Many homeowners invest in their landscaping and take pride in it. While some damage to a yard is inevitable during an installation, there are some practices that homeowners can encourage their geothermal well driller or installer to follow in order to keep yard damage to a minimum.
Before selling a geothermal system, many contractor ...
Will Geothermal Increase the Value of My Home?
Before deciding to purchase a geothermal system, many homeowners ask this question. Geothermal systems are a large investment and people want to make sure they will still get a benefit from the system if they decide to sell their home before they reach their payback period. Life is uncertain, and you can think you will be in your home for several years, but you never know when a job or other event in your life could take you to a new area. The two main schools of thought regarding geot ...
Advice from a Geothermal Engineer
Today I had the opportunity to get lunch with Don Easson. Don is a licensed Professional Engineer and the only IGSHPA (International Ground Source Heat Pump Association) certified geothermal designer in South Carolina. In addition to owning and managing his residential geothermal design business, Don is also an independent distribution of ClimateMaster geothermal products. He works with Climatemaster, designs geothermal systems for homeowners, and is the person that existing geo ...