What Costs Qualify for the Commercial Geothermal Heat Pump Tax Credit?

Illustration of a school building with underground geothermal loops connected to heat pump equipment, accompanying a guide to qualifying project costs.

By John Kapral, JD, CPA, LLM, Senior Director, Renewable Energy Tax Incentives & Credits Heat pumps, ground loops, circulating pumps, controls and qualifying distribution equipment may be included in eligible basis for the commercial geothermal heat pump tax credit. Installation labor and properly allocated indirect costs may also qualify. The entire construction contract does not … Read more

Eight ITC questions ESCOs keep asking- answered

ESCO professionals reviewing plans for an energy project while addressing ITC questions

By David Diaz, Chief Strategy Officer, Walker Blue LLC When we work with ESCO teams serving school districts, colleges, municipalities and other public-sector customers, the same ITC questions come up again and again. These are eight we heard repeatedly between April and September 2026. We kept the questions close to how they were actually asked … Read more

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