Geothermal News

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Turkey global leader in new geothermal capacity in 2018, Croatia sixth
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Razor Energy Receives Funding for Geothermal Power Project
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ENERGY DEPT: GEOTHERMAL POWER HAS “ENORMOUS UNTAPPED POTENTIAL”
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Turkey global leader in adding new geothermal capacity in 2018
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US report finds the sky is the limit for geothermal energy beneath us
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Celebrating World Bathing Day – how a geothermal well started a baby boom in Iceland
- 30% for systems placed in service after 12/31/2007 and by 12/31/2019
- 26% for systems placed in service after 12/31/2019 and before 01/01/2023
- 22% for systems placed in service after 12/31/2022 and before 01/01/2024
- There is no maximum credit for systems placed in service after 2008.
- Systems must be placed in service on or after January 1, 2008, and on or before December 31, 2023.
- The geothermal heat pump must meet federal Energy Star criteria.
- The home served by the system does not have to be the taxpayer’s principal residence.
Learn more about offers and rebates.