For more information on the quality product and installation call Mark Grant's Mr Heat and Cool 231-955-8780

The Emergency Economic Stabilization Act of 2008, H. R. 1424, became law on October 3, 2008. Included were tax credits for alternative energy systems among which are geothermal heat pumps.

The language of the bill establishes a one-time tax credit for 30% of the cost of job, up to $2,000, for units that meet the tax credit specification of minimum efficiencies of 14.1 EER/3.3 COP for closed (ground) loop or 16.2 EER/3.6 COP for open (ground water) loop, and 'placed in service' between January 1, 2008 and December 31, 2008.

Qualifing models 'placed in service' between January 1, 2009 and December 31, 2016, are eligible for a one-time tax credit of 30% of the installation cost (no maximum dollar amount limitation) under the American Recovery and Revitilization Act of 2009.

It is recommended to consult with a tax preparer about receiving this credit. No proof of purchase will be required; however in case of an audit, owners are encouraged to keep a detailed invoice of their purchase on file. The contractor who sold and installed the system should list the purchase as a “Geothermal Heat Pump” on the invoice and that it “Exceeds requirements of Energy Star program currently in effect”. The taxpayer must have a copy of the Manufacturer's Certification (see link below). A copy of the Manufacture's Certification document is not submitted with the taxpayer's return, but must be retained by the taxpayer for tax records
Bard geothermal heat pumps qualifying for the tax credit:
GeoTec Series  Geo-Trio Series
GV71S1-A  GTC36S1-A

The new Geo Trio is also a qualifying set of equipment which allows you to add Geo to your existing furnace. This is a big bonus when you are an LP gas customer or Oil user when it comes to heat for your home.

Geo can save up to 75% over the cost of LP or Oil heat.


This information is taken from Bard's website to provide information to Bard customers and