A geothermal heat pump is efficient, renewable, durable and can save up to 50 percent on heating/cooling costs compared to conventional systems. And it’s a more affordable investment than ever, with a $1,500 REBATE from Orange County REMC and federal TAX CREDITS of up to 30 percent!
Congress passed legislation in February to reinstate federal tax credits for geothermal heat pump installations. More good news is that the tax credits are retroactive to Jan. 1, 2017 and extended to Jan. 1, 2022.
So, upgrading your system means upgrading your savings! Your family can enjoy lower heating/cooling costs and comfortable temperatures year-round. Long-lasting warranties make these systems even more attractive.
With lower utility bills, the REBATE and TAX CREDITS, you’ll be able to recoup your investment in five to 10 years. Now, that’s smart.
Act today! As your trusted energy adviser, we’re here to help you find the right system for your home. Visit Orange County REMC today to learn about the qualifications and see the rebates we offer.