Virginia GEO tax credits extended

Discussion in 'Geothermal Heat Pump Testimonials' started by frankz, Feb 9, 2018.

  1. frankz

    frankz New Member

    Hey, I heard the budget bill includes extension of the residential geothermal tax credit till 2022, and retroactive to Jan 1, 2017, when they expired. Pretty surprising, after all the failures to get it done, and great for us, since we completed conversion of our A/C to Geo just a few weeks ago. The Geo guys were really glad to have the work at the time, and now we get the credit anyway. I'm not normally a big fan of tax breaks, but the Geo credit is more defensible than most of them I think.
     
    Penny_Geo likes this.

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