Act Soon: The Residential Geothermal 30% Federal Tax Credit Ends December 31, 2025
The Big Beautiful Bill has set the expiration date for the residential geothermal 30% federal tax credit the end of the year. Now's the perfect time to make the switch to geothermal! Whether you're looking to upgrade your existing system, retrofit your current home, or install geothermal in a new build, you can still get a 30% tax credit on your system costs incurred in 2025. Ready to pocket those savings and embrace sustainable comfort? Now is the time!
Claiming Your Credit
Taking advantage of the federal tax credit for geothermal is easy:
- Keep all receipts and manufacturer certifications for your geothermal installation.
- Fill out IRS Form 5695 when you file your taxes—this form helps determine your Residential Energy Credit.
- Include your credit on your tax return to lower your federal tax liability.
For step-by-step instructions, visit the official IRS Form 5695 guide.
Maximize Your Savings: Stack Federal and Local Geothermal Incentives.
Don't let these savings slip away! Oklahoma power companies like OEC, Edmond Electric, and CK Energy are offering thousands in rebates for geothermal, on top of federal credits. This is your chance to slash your energy bills and get paid to do it!
Uncover the hidden rebates in your neighborhood! Our Local Utility Rebates Guide reveals how much extra cash you could pocket, stacking those savings on top of your federal credit.
Step into Tomorrow: Geothermal Energy, the Smartest Way to Future-Proof Your Home.
Stop chasing fluctuating energy costs! Imagine locking in consistently lower heating and cooling bills for decades, all while building a sustainable future. Geothermal isn't just an upgrade; it's your long-term energy fortress. And with the U.S. aiming for net-zero by 2035, your green investment just got even smarter.
Ready to secure your comfort and your wallet? Contact Comfortworks now!
Geothermal systems are the most energy-efficient and environmentally friendly HVAC systems available
Geothermal technology uses a series of sealed piping loops buried in the ground that tap the renewable solar energy of the ground. These loops create a better heat transfer medium than traditional air source systems. It is so efficient that the U.S. Environmental Protection Agency has stated:
"Geo exchange systems are the most energy-efficient, environmentally clean and cost-effective space conditioning system available today"
According to data supplied by the U.S. Department of Energy (DOE) Office of Geothermal Technologies, nearly 40% of all U.S. emissions of carbon dioxide (CO2) are the result of using energy to heat, cool and provide hot water for buildings. This is about the same amount of CO2 contributed by the transportation sector. Over twenty years, the carbon footprint reduction would be equivalent to planting 120,000 acres of trees or converting over 58,000 cars to zero emission vehicles. In most areas of the United States, geothermal systems had the lowest CO2 emissions and the lowest overall environmental impact of any space conditioning technology evaluated by the EPA.