Federal tax credits for high efficiency HVAC equipment have been significantly scaled back. Geothermal heat pumps however still qualify for tax credits of 30% of installed cost. Installations that qualify include existing homes, new construction, principal residence and second homes. The heat pump equipment used must meet Energy Star program requirements.
MM Comfort Systems has new construction geothermal heat pump installation under way and is observing a increased interest from Seattle / Tacoma area home owners. Geothermal heat pumps systems provide both efficient heating and cooling – ensuring year round comfort.
In addition to delivering lower energy usage and cost, it appears more efficient home are commanding price premiums compared to less efficient homes.