Geothermal (ground source heat pump) customers can receive a 30% energy tax credit on the total installation of systems for 2009. The geothermal does not have to be the primary residence to receive the energy tax credit.
Benefits of Geothermal.
Geothermal is one of the most efficient heating and cooling system available for residential and commercial use. The heating efficiency from geothermal can be as high as 50% to 70% and the cooling efficiency can be as high as 20% to 40%. The return on a geothermal investment can be recovered in just a few years. A geothermal system can be installed in any residential construction, any size, almost anywhere. A geothermal system can be installed under lawns, driveways, on almost any size lot.