Make the most of the Federal Tax Credit for Commercial Geothermal Systems.
The Inflation Reduction Act (IRA) of 2022 offers energy-saving federal tax incentives for commercial projects utilizing geothermal water source heat pumps. The IRA contains federal funding for clean energy projects, intending to lower the nation’s carbon emissions.
Up to 30% credit on system cost
Up to 10% credit for domestic content
Up to 10% credit for energy communities
Up to $5 per square foot tax deduction 5-year accelerated depreciation and a 1-year bonus depreciation
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For Profit
Non-Profit
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Geothermal Heat Pumps & Heat Pump Chillers Systems
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Reach out to your nearby REA, Inc. Sales Representative now to optimize and gain maximum benefits!
