North Carolina Geothermal Heating & Cooling

Geothermal energy is the smarter way to heat and cool your North Carolin home or business – it's efficient, cost-effective, and environmentally friendly. It's hard to get much greener than with a Geothermal System.

Just ask the EPA – they concluded geothermal energy is the most environmentally friendly heating and cooling system. Or ask the U.S. National Renewable Energy Laboratory – they concluded that geothermal energy is more efficient and cost-effective than conventional residential systems. Or, most importantly, you can ask your neighbors – more and more people are switching to geothermal and love it! Energy and cost savings will vary by region and type of system geothermal is replacing, but geothermal will always be more cost effective, smarter, and greener.

35% North Carolina State Tax Credit

Note: This credit expired at the end of 2015. Systems installed in 2016 or later years will not qualify for this credit. Senate Bill 372, signed in April 2015, provides a delayed sunset of the tax credit for projects that meet certain criteria and received pre-approval from the Department of Revenue.

Geothermal HVAC systems and installation qualify for up to a 35% North Carolina state income tax credit. This credit is available through 2015.

  • Maximum $8,400 credit
  • Credit cannot exceed 50% of state tax liability in any one year
  • Taken in equal installments over 5 years

North Carolina has a number of rebate and loan programs to install your new Geothermal System in your home:

The Federal incentive covers 30% of the expenditures in the year the incentive is taken, up to a cap of $2,000 if the property was installed prior to January 1, 2009. Qualifying geothermal heat pump property installed after December 31, 2008 is eligible for 30% of the installed cost without a cap, as provided under the American Recovery and Reinvestment Tax Act of 2009 (ARRA) . The incentive is available for taxpayers installing qualifying equipment at their primary residence or a second home, but not for a rental property. This incentive is available till December 2016.

To qualify, tax payers will need to have evidence regarding:

  • the cost of the system,
  • when it was placed in service

NC Geothermal Testimonials

Anonymous from Nags Head says:
System installed in 2008. 1000 Sq Ft. Cottage , 2 ton dual capacity unit, vertical closed loop, average total electric bill (heating and cooling is only part of the bill) $60.00 per month
Installed by:

Anonymous from morrisville says:
With geothermal heat pumps I no longer have to worry about my system not cooling properly. I don’t have high bills in the summer. It is great. Thanks.
Installed by:

Olson from Pfafftown says:
We installed geothermal about 2 years ago....what a difference. We can be as warm or cold as we like, and since we installed our utility bill for a 2200 sq. ft. House has been less than $150 every month, even this summer when it was over 90 degrees every day for weeks. Sometimes the bill has been as low as $80. With those savings and all the tax credits we got, the system has already paid for itself. Get geo today!
Installed by: Knight Topline