Quote:
Originally Posted by chasedawg
Codeman671 is it true that a Canadian geothermal company opened an office in NH or in the lakes region? Should someone tell them that geothermal systems work in Canada but the rumor is and people are hearing that geothermal does not work in NH it's too cold here! Do you want to tell them? I'm sure they would thank you for the tip.  |
Good point chasedawg.
A Spanish company builds wind turbines for us and now a Canadian company is going to promote and put in geothermal systems for us.
It looks like the only thing we do well is complain because there isn't any work in this country.
BTW, The Federal Government is still offering a 30% tax credit for the installation of a ground source (Geothermal) heat pump until the end of 2016. There is no cap to the amount and it includes ductwork, piping, wiring etc etc. If the tax credit exceeds the income tax liability the balance can we moved forward into future years.
1. The tax credit applies to both new home construction and retrofitting an existing homes heating/cooling system
2. The tax credit applies to both primary residences and secondary homes and vacation properties
3. To qualify the geothermal heat pump must comply with ENERGY STAR ratings
– Closed Loop >=3.3 COP; >=14.1 EER
– Open Loop >=3.6 COP; >=16.2 EER
4. Water to water geothermal heat pumps are covered by the tax credit