An Energy Audit is the first step to making your home more efficient. A home energy audit is a complete, in-depth analysis of a home’s energy efficiency. During audit we will be able to analyze how energy is being used and where energy loss is occurring. By conducting an energy audit, the auditor is able to identify ways to either stop or reduce energy loss.
Buffalo Geothermal Heating provides trained, professional energy auditors to provide you a detailed report of energy results in your home. The FREE Energy Audit will provide you recommendations to improve efficiencies in your home and allow you to apply for low-interest loans.
Federal Geothermal Tax Credits
A Federal Tax Credit of 30% also is now available. These tax credits are retroactive to Jan 1, 2017. Credits have been extended to December 31, 2021. They will remain at 30% until December 31, 2019, at which point they’ll begin a phase-out. For 2020, the credit will move to 26% and in 2021 the final incentive will be 22%. Your accountant can help you with this process.
NYS Geothermal Rebate
Governor Cuomo Announced Proposal for $15 Million Rebate Program for Geothermal systems. The proposed rebates will be $1500/ton up to $15,000 for residential systems, and up to $500,000 for the commercial and multifamily system. Systems installed after January 1st, 2017 fulfilling the program criteria will qualify. Call us for details.