REMC REBATE PROGRAM
Your co-op offers incentives and rebates for members who install energy efficient equipment in their homes or businesses. But you need to act fast, the deadline to apply for a Orange County REMC rebate for energy efficient HVAC and water heating equipment is Dec. 15. Get more info and an application at our website, www.myremc.coop.
GEOTHERMAL TAX CREDIT
The federal tax credit for purchasing a geothermal HVAC unit has been extended until 2022, but is being stepped down each year as follows:
26% for systems placed in service after after Jan. 1 and before Dec. 31, 2020.
22% for systems placed in service after Jan. 1, 2021 and before Dec. 31, 2022.
Get more information about geothermal and other renewable energy tax credits at https://www.waterfurnace.com/literature/collateral/br1507mw-tax-credit-residential.pdf