Federal Tax Credits for Residential Heat Pump Equipment

 

The Energy Policy Act of 2005 as passed by Congress makes provision for certain tax credits to be applied against qualifying Geothermal Heat Pump Units.

 

The Energy Policy Act stipulates certain conditions to qualify for this tax credit:

 

1.     The units must be placed in service between January 1, 2006 and December 31, 2007.

2.     The units must have a desuperheater or integrated water heating.

3.     Qualifying units must meet certain minimum energy efficiency standards as specified:

·        An Energy Efficiency Ratio (EER) of 14.1 in the cooling mode and a Coefficient of Performance (COP) of 3.3 in the heating mode when installed in a closed loop system (GLHP) as defined by ARI/ISO 13256-1.

·        An EER of 16.2 in the cooling mode and a COP of 3.6 in the heating mode when installed in an open loop application (GWHP) as defined by ARI/ISO 13256-1.

 

GeoExcel products are performance certified under the ARI/ISO 13256-1 certification program.  Up to date performance ratings and certificates may be obtained on the ARI web site at www.aridirectory.org.

 

The products listed below may meet the qualifications for a tax credit of $300.

 

Model                   Ground Loop (GLHP)              Ground Water (GWHP)

 

EM                       EM024, 028, 036, 051, 061        EM007, 009, 018, 024, 028, 031

                                                                             036, 042, 048, 051, 060, 061, 070

 

EC                        EC048, 051, 061                       EC007, 009, 012, 024, 030, 036

                                                                             042, 048, 051, 060, 061, 070

 

EV                        EV018, 030, 036, 048                All EV series

 

AU, ES 2-St.         All Two Stage Units                  All Two Stage Units

 

ES 1-Stage            ES018, 030, 036, 042, 048         All ES Series

                             060, 070

 

GT                        GT010, 018, 024, 030, 036        All GT Series

                             042, 048, 054

 

GS                        All GS Series                            All GS Series

 

 

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