Tax Credits
Heating and Cooling
Let the ground You walk on heat & cool your home or business
Tax credits are available at 30% of the cost, with no upper limit through
Same criteria as ENERGY STAR:

Closed Loop:
EER >= 14.1
COP >= 3.3

Open Loop:
EER >= 16.2
COP >= 3.6

Direct Expansion:
EER >= 15
COP >= 3.5

To qualify, the systems must meet or exceed EnergyStar requirements and be
installed after December 31, 2007. Owners can file for the credit by completing
the Renewable Energy Credits subsection on their tax return forms for the
current year. For taxpayers that are subject to the Alternative Minimum Tax, they
can claim the credit on their taxes for the following year. 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 product should list the purchase as a "Geothermal Heat Pump" on the
invoice and that it "Exceeds requirements of Energy Star program currently in

The tax credit is available from October 3, 2008 through December 31, 2016. For
more information, visit or contact your local tax professional.

Visit to find additional tax incentives that may be available in
your state.
Fire & Ice Geothermal, LLC - 198276 E. County Road 41 Woodward, OK 73801
Phone: 580-256-9439  Fax: 580-256-7080
Sheri Rice, General Manager:
"Let the ground
You walk
on heat & cool
your home or
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