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Tax Credits Still on for Ground Source Heat Pump Systems

The tax credits available for ground source heat pump systems or geothermal systems (as they are often called) are still available. Actually the tax credits now have no cap. Earlier, when the Stimulus Bill was initially passed, there was a cap on ground source systems. Now, 30 percent of the entire cost of both equipment and installation is eligible for the tax credit. You should consult with your tax advisor for details and eligibility.

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