5 Signs Your Geothermal System Needs To Be Replaced
It’s important to keep up with regular maintenance on your geothermal heating system. Over time, the unit’s efficiency can decline, and you may need to consider a replacement.
Signs that you may need to replace your geothermal HVAC system include:
- Decreased efficiency
- Constant repairs needed
- Excessive wear on components
- Unusual noises coming from the unit
- Increase in utility bills
Remember that investing in a geothermal heating system is an investment in future energy savings.
Contact Southern Pride Service at (301) 447-0184 to request a free estimate on a replacement today.
Save on Geothermal Systems With Tax Rebates and Incentives
We believe in maximizing the benefits of geothermal technology for our customers. Here’s what you need to know about the Inflation Reduction Act and the available 30% federal tax credit:
The Residential Clean Energy Credit equals 30% of the costs of new, qualified clean energy property for your home when installed anytime from 2022 through 2033. This tax credit applies to geothermal systems that are ENERGY STAR® certified. While the credit is nonrefundable, any excess unused credit can be carried forward to future years to further reduce your tax liability.
For Maryland residents, the Residential Clean Energy Rebate Program offers up to a $3000 new installation rebate and a $500 existing replacement rebate. Depending on the system you purchase, there are various instant rebates available through energy companies ranging from $2250 to $3750.
Maryland also offers added savings when you qualify for geothermal renewable energy credits. Qualified geothermal systems allow homeowners to receive renewable energy credits based on the thermal energy saved.
If you’re interested in learning more about available rebates and tax incentives, contact us at (301) 447-0184.
