You can claim an uncapped 30% tax credit on the total cost of a qualified geothermal system, including installation, through December 31, 2032. This is part of the Residential Clean Energy Tax Credit .
The indoor unit typically lasts 20–25 years , while the underground loop can last 50+ years . buy geothermal heat pump
Buying a geothermal (ground-source) heat pump is a major home investment that typically costs between . While the upfront price is higher than traditional systems, you can recoup costs through federal tax credits and energy savings of 30%–60% over time. Financial Incentives & Costs You can claim an uncapped 30% tax credit
Ensure your contractor is accredited by organizations like the International Ground Source Heat Pump Association (IGSHPA) to guarantee proper loop sizing and system design. Performance Benefits Buying a geothermal (ground-source) heat pump is a
Most homeowners see the investment pay for itself in 5 to 15 years through reduced utility bills. Critical Purchasing Considerations
Geothermal works best with existing air duct systems. If your home uses radiators (hydronic), you may need specialized models.
Best for small yards; pipes go 100–400 feet deep.