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