ClimateMaster Manufacturer’s Certification for Geothermal Tax Credit

If you sold ClimateMaster for a residential installation (including installations done in 2017), your homeowner may look to claim the re-instated geothermal tax credit.

As part of the claim process, homeowners will need ClimateMaster’s Manufacturer’s Certification of Geothermal Heat Pump Property Compliance. As a contractor, you can provide this at the time of installation or direct them to the ClimateMaster Residential Energy Credit page to download it.

 

Geothermal Tax Credit Reinstated – Retroactive to 2017

As part of the tax bill passed on Friday, February 9, Congress reinstated the federal geothermal tax credits for residential and commercial use.

Residential Geothermal Tax Credit

The residential credit (detailed below) applies to residential systems installed from January 1, 2017 through December 31, 2021.

Installation Year Tax Credit
2017 30%
2018 30%
2019 30%
2020 26%
2021 22%

Commercial Geothermal Tax Credit

The bill modifies language related to how commercial geothermal systems qualify for tax credits. Under the new bill, a commercial project becomes eligible for the tax credit in the year it commences, rather than the year the project’s system is placed into service.

For commercial geothermal systems, there is a 10% Federal Income Tax credit, which can be combined with solar and wind tax credits and energy-efficient building deductions.

What does this mean for you?

  • If you did geothermal installations in 2017, make sure those customers are aware that the credit has been reinstated. The IRS will post details here on how to claim this credit.
  • For commercial contractors, use this new rebate information to evaluate if geothermal may become a more viable solution for upcoming projects.
  • For residential contractors, make sure you’re leveraging the rebates in your marketing for geothermal. If you’re an HVAC Distributors customers and need help with your geothermal marketing, reach out to us.

HVAC Distributors is a ClimateMaster geothermal distributor for Pennsylvania and New York. Through HVAC Commercial Solutions, HVAC Distributors has access to ClimateMaster’s commercial line.

You can order qualifying product at any of our HVAC Distributors locationsby phone or through Web Order Entry.

2018 Spring EAP Rebates

Philadelphia Area Contractors, read on for current Homeowner Rebates from Electrical Association of Philadelphia (EAP). For assistance determining qualifying match-ups, use the AHRI site.

EAP rebates can be combined with PECO Smart Home Rebates, for combined rebates of up to $1,550 per qualifying unitary system, $1,350 for qualifying geothermal systems and a minimum of $220 for qualifying ductless heat pump systems.

EAP Rebates
Available February 14 – May 16, 2018
Contracts must be signed before April 25, 2018 & installed by May 16, 2018 to qualify.

Available through HVAC Distributors on:

Amana & Goodman Heat Pumps
Rebate Qualifying Product
$600 16.0 to 17.99 SEER, 8.5 HSPF, 12.5+ EER heat pump system
$700 18.0 to 19.99 SEER, 8.5 HSPF, 12.5+ EER heat pump system
$1,000 20.0 or higher SEER, 8.5 HSPF, 12.5+ EER heat pump system
Heat Pump rebates above increase by $100 when installed as a dual fuel heat pump (hybrid) that includes a 16+ SEER, 8.5 HSPF, 12.5+ EER heat pump
Amana & Goodman Air Conditioners
Rebate Qualifying Product
$500 16.0 to 17.99 SEER, 12.5+ EER central air conditioning system
$700 18.0 to 19.99 SEER, 12.5+ EER central air conditioning system
$1,000 20.0+ SEER, 12.5+ EER central air conditioning system
Daikin & LG Mini-Splits
Rebate Qualifying Product
$100 per Outdoor Unit Residential Single Zone High Efficiency Equipment – 20.0 SEER, 9.6 HSPF, 12.5+ EER heat pump system
$75 per Head Residential Multi Zone High Efficiency Equipment – 16.0 SEER, 9.0 HSPF, 12.0+ EER heat pump system
ClimateMaster Geothermal Systems
Rebate Qualifying Product
$800 18+ EER geothermal heat pump system

Requires:
Membership in the Electrical Association of Philadelphia & qualifying unit purchase from qualifying distributor (HVAC Distributors is a qualifying distributor)

Complete details of the EAP rebate program are available here.

You can order qualifying product at any of our HVAC Distributors locationsby phone or through Web Order Entry.

Updated: 2016 HVAC Homeowner Rebates – PECO

Philadelphia Area Contractors, read on for current Homeowner Rebates from PECO. For assistance determining qualifying match-ups, use the AHRI site.

PECO Smart Home Rebates can be combined with EAP rebates for additional homeowner savings.

PECO Smart Home Rebates
Updated as of June 1, 2016

Available through HVAC Distributors on:

Amana & Goodman Heat Pumps

Rebate Qualifying Product
$60/Ton ENERGY STAR® 16.0 to 17.99 SEER, 8.5 HSPF, 12.5 EER heat pump system
$110/Ton ENERGY STAR 18.0+ SEER, 8.5 HSPF, 12.5 EER heat pump system

Daikin & LG Ductless Heat Pumps

Rebate Qualifying Product
$75/Ton 16.0 to 17.99 SEER, 8.5 HSPF, 12.5 EER ductless heat pump system
$110/Ton 18+ SEER, 8.5 HSPF, 12.5 EER
ductless heat pump system

Amana & Goodman Air Conditioners

Rebate Qualifying Product
$50/Ton 15.0 to 17.99 SEER, 12.5 EER central air conditioning system
$85/Ton 18.0+ SEER, 12.5 EER central air conditioning system

Amana & Goodman Natural Gas Furnaces

Rebate Qualifying Product
$100 High Efficiency Furnace Fan
$1,000 Replace a Baseboard or Electric Furnace Heating System with an ENERGY STAR 95%+ AFUE Gas Furnace with <=2% Furnace Fan Efficiency and <2% Air Leakage

ClimateMaster Geothermal Systems

Rebate Qualifying Product
$150 Desuperheater as an Option on a Qualified Geothermal Heat Pump

Dunkirk, HTP and Lochinvar Boilers

Rebate Qualifying Product
$300 ENERGY STAR Natural Gas Boiler (90% AFUE or higher)

Requires:
Homeowner to be a PECO Electric customer. Fuel Switch Rebates require the customer to be a Residential Heat (RH) customer.

Complete details of the PECO Smart Home Rebate program is available here.

You can order qualifying product at any of our HVAC Distributors locations, by phone or through Web Order Entry.

Federal Geothermal Tax Credits Expiring This Year

The federal 30% tax credit on purchase and installation of geothermal equipment continues through December 31, 2016.

This tax credit can be combined with geothermal tax credits offered by EAP in the Philadelphia area.

Requires:

  • Installation in existing home (second homes qualify) or new construction
  • Installed equipment must meet ENERGY STAR requirements

Complete details of the tax credit program are available here.

You can order qualifying ClimateMaster product at any of our HVAC Distributors locations, by phone or through Web Order Entry.

The Big Question – Will the Credits Be Extended Beyond 2016?

The Geothermal Exchange Organization (GEO) is working to get the tax credits extended. The News interviewed Doug Dougherty, president and CEO of GEO, who provided some perspective of what may happen to the US geothermal industry if the credits are not renewed.

2016 HVAC Homeowner Rebates – EAP

IMPORTANT NOTICE: The PECO Smart Home Rebates Program has updates effective June 1, 2016.  Click here to view updated program information.

Philadelphia Area Contractors, read on for current Homeowner Rebates from Electrical Association of Philadelphia (EAP). For assistance determining qualifying match-ups, use the AHRI site.

EAP rebates can be combined with PECO Smart Home Rebates, for combined rebates of up to $1,100 per qualifying unitary system and $1,800 for qualifying geothermal systems.

EAP Rebates
Available February 5 – May 13, 2016
Contracts must be signed before April 29, 2016 & installed by May 13, 2016 to qualify.

Available through HVAC Distributors on:

Amana & Goodman Heat Pumps

Rebate Qualifying Product
$500 15.0 to 15.99 SEER, 8.5 HSPF, 12.5+ EER heat pump system
$600 16.0 to 16.99 SEER, 8.5 HSPF, 12.5+ EER heat pump system
$700 17.0 or higher SEER, 8.5 HSPF, 13.0+ EER heat pump system
Heat Pump rebates above increased by $100 when installed as a dual fuel heat pump (hybrid) that includes a 15+ SEER, 8.5 HSPF, 12.5+ EER heat pump

Amana & Goodman Air Conditioners

Rebate Qualifying Product
$300 15.0 to 15.99 SEER, 12.0+ EER central air conditioning system
$500 16.0 to 16.99 SEER, 13.0+ EER central air conditioning system
$700 17.0+ SEER, 13.0+ EER central air conditioning system

Daikin & LG Mini-Splits

Rebate Qualifying Product
$100 per Outdoor Unit Residential Single Zone High Efficiency Equipment – 20.0 SEER, 9.6 HSPF, 12.5+ EER heat pump system
$100 per Outdoor Unit Residential Multi Zone High Efficiency Equipment – 16.0 SEER, 9.0 HSPF, 12.0+ EER heat pump system

ClimateMaster Geothermal Systems

Rebate Qualifying Product
$800 18+ EER geothermal heat pump system

Amana & Goodman Small Commercial (1-5 Ton) High Efficiency Equipment

Rebate Qualifying Product
$300 14.0* SEER, 11 EER, 8.0 HSPF or higher heat pump or A/C packaged system
$300 14.5* SEER, 12 EER, 8.2 HSPF or higher heat pump or A/C split system
* 11.0 EER for systems 6 tons and up

Requires:
Membership in the Electrical Association of Philadelphia & Qualifying Unit Purchase from Qualifying Distributors (HVAC Distributors is a qualifying distributor)

Complete details of the EAP rebate program are available here.

You can order qualifying product at any of our HVAC Distributors locations, by phone or through Web Order Entry.

 

2016 HVAC Homeowner Rebates – PECO

EDITED TO ADD: As of September 22, 2016, this program’s funding has been exhausted.

Philadelphia Area Contractors, read on for current Homeowner Rebates from PECO. For assistance determining qualifying match-ups, use the AHRI site.

PECO Smart Home Rebates can be combined with EAP rebates, for combined rebates of up to $1,100 per qualifying unitary system and $1,800 for qualifying geothermal systems.

PECO Smart Home Rebates
Available through 2016, until funding has been exhausted.

Available through HVAC Distributors on:

Amana & Goodman Heat Pumps

Rebate Qualifying Product
$400 ENERGY STAR® 15.0 to 15.99 SEER, 8.2+ HSPF, 12.0 EER heat pump system
$400 ENERGY STAR 16.0+ SEER, 8.2+ HSPF, 12.0+ EER heat pump system

Amana & Goodman Air Conditioners

Rebate Qualifying Product
$300 15.0 to 15.99 SEER, 12.0+ EER central air conditioning system
$400 16.0+ SEER, 13.0+ EER central air conditioning system

Amana & Goodman Natural Gas Furnaces

Rebate Qualifying Product
$300 95%+ AFUE with <=2% Furnace Fan Efficiency and <2% Air Leakage
$800 Replace a Heat Pump System with an ENERGY STAR 95%+ AFUE Gas Furnace with <=2% Furnace Fan Efficiency and <2% Air Leakage
$1,000 Replace a Baseboard or Electric Furnace Heating System with an ENERGY STAR 95%+ AFUE Gas Furnace with <=2% Furnace Fan Efficiency and <2% Air Leakage

ClimateMaster Geothermal Systems

Rebate Qualifying Product
$200 per ton ENERGY STAR Geothermal Heat Pump
$150 Desuperheater as an Option on a Qualified Geothermal Heat Pump

Dunkirk, HTP and Lochinvar Boilers

Rebate Qualifying Product
$300 ENERGY STAR Natural Gas Boiler (90% AFUE or higher)

Requires:
Homeowner to be a PECO Electric customer. Fuel Switch Rebates require the customer to be a Residential Heat (RH) customer.

Complete details of the PECO Smart Home Rebate program is available here.

You can order qualifying product at any of our HVAC Distributors locations, by phone or through Web Order Entry.