Geothermal heating

chasedawg · 02-09-2013, 09:12 PM

Thanks Rusty for this information. I was not aware of these rebates when I installed my system. It probably applies only to primary homes. We built our retirement home and was still living in MA.
I would still go with Geothermal without the rebates. My ROI in 3 years is now in excess of what it would have cost with oil or a propane German high efficient system.
I turned up the heat to over 75 degrees last night because we had relatives from Ga. during the blizzard. The house was so warm that they ask if I could turn down the heat. I don't know why my geothermal system behaves like it does. Interesting I don't even have a separate heating unit like The Kitchen Guy said I did. I just don't understand how he knew I had one installed. I don't think he has ever been to my house. At least I don't think he has. But he is welcome anytime

chasedawg · 02-09-2013, 10:01 PM

Rusty. I just read your post again. From your information I might be able to capture these GOVT rebates you mentioned. Are you sure they are available for second homes or vacation homes?

P-3 Guy · 02-11-2013, 09:51 PM

Quote:

Originally Posted by chasedawg

Rusty. I just read your post again. From your information I might be able to capture these GOVT rebates you mentioned. Are you sure they are available for second homes or vacation homes?

Here's a link to the IRS form (with instructions) that you use to claim the tax credit for geothermal costs:

http://www.irs.gov/pub/irs-pdf/f5695.pdf

For the geothermal part of the credit, the instructions specifically say that the installation does not have to be in your main home.

02-09-2013, 09:12 PM	#1
chasedawg Senior Member Join Date: Apr 2009 Location: Melvin village Posts: 522 Thanks: 512 Thanked 314 Times in 148 Posts	Geothermal heating Thanks Rusty for this information. I was not aware of these rebates when I installed my system. It probably applies only to primary homes. We built our retirement home and was still living in MA. I would still go with Geothermal without the rebates. My ROI in 3 years is now in excess of what it would have cost with oil or a propane German high efficient system. I turned up the heat to over 75 degrees last night because we had relatives from Ga. during the blizzard. The house was so warm that they ask if I could turn down the heat. I don't know why my geothermal system behaves like it does. Interesting I don't even have a separate heating unit like The Kitchen Guy said I did. I just don't understand how he knew I had one installed. I don't think he has ever been to my house. At least I don't think he has. But he is welcome anytime

02-09-2013, 10:01 PM	#2
chasedawg Senior Member Join Date: Apr 2009 Location: Melvin village Posts: 522 Thanks: 512 Thanked 314 Times in 148 Posts	Geothermal heating Rusty. I just read your post again. From your information I might be able to capture these GOVT rebates you mentioned. Are you sure they are available for second homes or vacation homes?

The Following User Says Thank You to P-3 Guy For This Useful Post:
chasedawg (02-12-2013)