Geothermal Tax Credit in Baltimore, Ellicott City, Annapolis, MD, and the Surrounding Areas
Installing any kind of heating or cooling system into your home comes with costs that are quite high initially. Even though most new systems are energy-efficient, and save you money on a monthly basis on your utility bills, there is still a little extra money to be paid each month. For most, the comfort of your family is an indisputable priority, and the costs are worth it overall. Geothermal Tax Credit in Baltimore, Ellicott City, Annapolis, MD, and surrounding areas just gave heating and cooling another dimension.
Can You Really Save Money And Still Enjoy The Comfort?
Federal tax credit for homeowners who take the initiative to install energy efficient heating and cooling units are reaping the rewards. A 30% tax deduction on the cost of your equipment and installation is considerable. In an economy that isn’t at its peak right now, a saving like that can make all the difference to your lifestyle and your bank balance.
Does Your Geothermal Installation Count?
When you are deciding on which system is best suited to you, take into account every aspect, including the tax credit. Being eligible to claim the credit depends on the equipment. Supreme Service Today LLC is here to help you find out if you qualify. Systems that use the ground or the groundwater as the source of thermal energy are eligible. A system that requires the use of electricity or the burning of fossil fuels is excluded.
Take time to get all the required information before you make the investment. Don’t miss out on the Geothermal Tax Credit in Baltimore, Ellicott City, Annapolis, MD, and surrounding areas.
How Long Is The Tax Rebate Available For?
While the rebates were originally only in place up until the end of 2016, they were once again implemented in 2018 and will run until 2019 at the 30% rate. Thereafter, a reduced refund will be available up until 2021. If you were unlucky enough to install your system during the period of 2017 where no rebate was in place, you are eligible to make the claim now. A welcome surprise for those with the environment and cost savings in mind.
Call Supreme Service Today LLC today (410) 781-1002 for your qualified installation and make yourself eligible for the Federal Geothermal Tax Credit in Baltimore, Ellicott City, Annapolis, MD, and surrounding areas. We provide geothermal installation in Baltimore, MD that meets the Energy Star Program requirements. Call now and start saving from day one.