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Proudly Serving The Columbia Area Since 1985


Fulmer Heating & Cooling Blog

Take Advantage of a Great Geothermal Tax Credit!

If you’ve been following our blog — and we do hope you’ve been taking advantage of the information made available to you here — then you’ve realized that we are big proponents of geothermal heating and cooling. This technology helps countless homeowners to live in comfort with great convenience and affordability year round. Now is a better time than ever to start using geothermal technology on your property, as proven by the current tax credit available to homeowners.

Should you decide that geothermal heating and cooling is right for you after reviewing this information, feel free to contact a member of our staff with any questions that you may have. We excel in the installation and servicing of geothermal systems in Irmo, SC. This deal is truly too good to let pass you by.

Why Is Now the Right Time for a Geothermal Installation?

How does a 55% combined tax credit on geothermal installations sound to you? If you are a thrifty shopper holding out for a better offer, you are going to be waiting a good long while. With a 55% tax credit ready for the taking, now is undoubtedly the time to schedule service.

Currently, the federal government is offering a 30% federal tax credit on geothermal installations, as we strive to make use of more renewable resources. Added to this existing tax credit is the 25% state income tax credit for residential geothermal installations. Governor Haley has signed into law H. 3874, providing for this credit.

While this opportunity alone is really enough to sell most homeowners on a geothermal installation, you must keep in mind that the savings do not end here. Over the years, the amount of money that you save by using existing heat from the ground in order to heat your home is going to add up as well. From a financial viewpoint, geothermal heating and cooling really makes sense. Plus, you’ll be moving away from the use of fossil fuels when heating your home, and you can cool your living space with the very same system!

Schedule your geothermal services with Fulmer Heating & Cooling.

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