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Ground-source (or geothermal) heat pumps are an affordable and reliable alternative to legacy heating and cooling technology for schools.
School districts can significantly cover the costs of a ground-source heat pump system with federal energy tax credits.
Federal energy tax credits are non-competitive and uncapped sources of funding that can help schools defray the cost of clean energy projects. Through Elective Pay, schools can claim the Investment Tax Credit for ground-source heat pumps and receive a cash reimbursement that covers typically 30% of project costs. The tax credit is available for projects that commence construction by Dec 31, 2034. These tax credits are an important consideration for any new construction, major modernization, or capital planning exercise.
Visit Undaunted K12 to explore this opportunity and plan ahead to maximize your savings.
You will find:
Have questions or want to tell us about a project? Contact info@undauntedk12.org.
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