Geothermal Energy State and Federal Tax Credits
A Geothermal system installed by Fulford Heating & Air not only saves you 40%-60% on your annual energy bills, but it also makes you eligible for several State and Federal Tax Credits (geothermal tax credits)
Tax Credit: 30% of cost with no upper limit
Expires: December 31, 2016
Existing homes & new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify.
Contact your CPA to see if you qualify to take advantage of these federal tax credits
North Carolina Renewable Energy Tax Credit
A maximum of $8,400 for geothermal heat pumps and geothermal equipment that uses geothermal energy for water heating or active space heating or cooling used for a non-business purpose.
Expiration Date: 12/31/2015
Equipment Requirements:System must be new and in compliance with all applicable performance and safety standards. Specific equipment and installation requirements vary by technology.
Contact us for more information.
The state tax credit has gone away. Just federal tax credit is available.
We are open on Sundays from 8am-5pm. We offer after hours’ services.