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Take Advantage of the 30% Tax Credit for Geothermal Energy

Jessica Ickes • Dec 10, 2022

With electricity, oil and natural gas prices skyrocketing, and with the recent increase in the federal tax credit from 10% to 30%, there’s never been a better time to consider a geothermal HVAC system to save money while helping the environment.  Geothermal systems can save 30-70% on heating costs and 20-50% on cooling costs, compared to other conventional systems (source: EPA).  These systems can be located on almost any site within the Mid-Atlantic Region.



Much of the cost of a geothermal system comes from the installation of the subsurface boreholes that are needed to tap into the earth’s energy.  Accordingly, it’s critically important to engage the expertise of geologists and engineers to optimize the system design to reduce costs and to ensure long-term performance.  From initial due diligence, through design, and construction, ARM’s experienced geologists and engineers will ensure the success of your project so you can focus on other things.  For more information, please contact Andrew Reese areese@armgroup.net.


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