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US Geothermal Update: New York GHP Incentives, Hawaiian Research, Oregon Green Contracts
Renewable Energy World: Two measures that bring the same benefits enjoyed by owners of solar installations to those who install geothermal heat pumps (GHPs) have passed the New York State Legislature and now move on for Governor Cuomo’s signature. A-2177a/S2905 grants GHP owners a tax credit of up to $5,000 for 25 percent of project costs to, while A-25508a/S4279 provides a state sales tax exemption for residential and commercial GHP installations.
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