Uncle Sam owes YOU
$2000.00
Order a Geothermal Heat Pump from http://www.acfool.com
and read how Uncle Sam will provide YOU a
$2000 TAX CREDIT!
Emergency Economic Stabilization Act of 2008 (EESA)
Residential Geothermal Heat Pump Tax Credit. The Energy Policy Act of 2005 contained a $300 tax credit for homeowners who installed geothermal heat pumps. EESA creates a new $2,000 tax credit for home owners who install a geothermal heat pump – not subject to the $500 cap established for the products referenced above. EESA also qualifies geothermal heat pumps for a $6,667 tax credit when used on a jointly occupied dwelling unit, condominium, or for owners of cooperative housing. In addition, the tax credit can be used to offset any Alternative Minimum Tax liability. The new credit is retroactive for 2008 and continues through 2016. Geothermal heat pump ($2,000) must meet Energy Star requirements in effect at the time that the expenditure for such equipment is made – credit amount is 30% of the total expenditure, capped at $2,000