This tax credit applies only to geothermal heat pumps (not air-source heat pumps) and allows you to get back up to 30% of the ...

including geothermal heat pumps and solar water heaters. Homeowners can receive a tax credit of 30% of the installation cost for qualified geothermal systems through 2032, with descending credit ...

For contractors and consumers alike, alleviating the potential financial burden from heat pump water heater initial costs is ...

Several lesser-known tax credits could help you save even more money. Here are a few you should know about before filing your ...

Incentives are providing a boost, too. Tax credits authorized by the Inflation Reduction Act are increasing the appeal of geothermal heat pumps. Geothermal systems most notably benefit from the ...

The appliances are more expensive and less common than air-source heat pumps. But big incentives and superb efficiency can ...