Make the most of the Federal Tax Credit for Commercial Geothermal Systems.

The Inflation Reduction Act (IRA) of 2022 offers energy-saving federal tax incentives for commercial projects utilizing geothermal water source heat pumps. The IRA contains federal funding for clean energy projects, intending to lower the nation’s carbon emissions.

  • Up to 30% credit on system cost

  • Up to 10% credit for domestic content

  • Up to 10% credit for energy communities

  • Up to $5 per square foot tax deduction 5-year accelerated depreciation and a 1-year bonus depreciation

    • For Profit

    • Non-Profit

  • Geothermal Heat Pumps & Heat Pump Chillers Systems

  • Reach out to your nearby REA, Inc. Sales Representative now to optimize and gain maximum benefits!