Dec. 28, 2020 – President Trump ended several days of uncertainty last night, signing into law a massive budget, economic stimulus, and Covid-19 relief package. As we mentioned last week, this legislative package includes an extension for commercial and residential geothermal heat pump (GHP) tax credits. See our announcement from
Dec. 22, 2020 – After eight months of start-and-stop negotiations, Congress has successfully brokered a massive end-of-year budget and pandemic relief deal which includes major economic stimulus components including an extension of federal tax credits for geothermal heat pump (GHP) installations. The legislation moves on to the White House for
November 25, 2020 President-elect Joseph Biden Vice President-elect Kamala Harris 1401 Constitution Ave., NW Washington, DC 20230 Dear President-elect Biden and Vice President-elect Harris: As members of the Coalition for Clean Energy Jobs and Innovation, we are writing to urge you to prioritize a long-term extension of the Section 48
The following message is from our new partners at IGSHPA. GeoExchange is excited to work closely with IGSHPA, its members, and leadership to forge a path forward for the geothermal heat pump industry. Dear IGSHPA Members and Accredited/Certified Professionals, Thank you for your past support of the International Ground Source
Geothermal Heat Pump Tax Credits Reinstated Feb. 9, 2018 – Today the U.S. geothermal heat pump (GHP) industry scored a victory for its workforce and their employers as federal legislation was passed to extend federal tax credits for residential and commercial installations of GHPs. The measure was included in the
The following post is courtesy of Jeff Hammond, Director of Business and Product Development, at Geo-Flo Products Corporation in Bedford, Indiana. Geo-Flo’s reception of Congressman Trey Hollingsworth is a case study in effective grassroots advocacy. GEO urges professionals in the geothermal heat pump industry to follow Geo-Flo’s example and invite
Thanks for joining GEO’s effort to reinstitute and extend the federal tax credits for installations of residential and commercial geothermal heat pumps through 2021. Below we have provided materials that you can use in support of Representative Tom Reed’s (R-NY) geothermal heat pump tax credit extension legislation, H.R. 1090. This
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