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Government Incentives PDF Print E-mail

Get All the Benefits of Geothermal Energy With No Additional Monthly Cost 

As you know, geothermal HVAC systems save you money by using significantly less energy then any other conventional heating and cooling system. And, with all of the public and private incentive programs available, your new geothermal system should not cost you a single dime more then a conventional furnace and air conditioner. In fact, most homeowners will recover their investment with their first mortgage payment.

Here are links to most of the incentives currently available. Remember, everybody’s situation is different. You should contact a qualified green mortgage (EEM) loan expert to help you with your Energy Efficient Mortgage (EEM). Likewise, you should consult your tax planer with questions about Federal Tax Credits. And of course you should contact Geothermal House, Inc for an estimate of the expected energy savings for your particular building.

Energy Efficient Mortgages - An Energy Efficient Mortgage, also called an EEM, increases the purchasing power of buying a geothermal system by allowing the lender to increase the borrower’s income by a dollar amount equal to your estimated energy savings.

Click here for an EEM Fact Sheet with answers to all your EEM questions.
Talk to EEM loan expert Bill Sweitzer of National City Bank:

Bill Sweitzer Buying / Building / Refinancing Phone: (815) 788-2701
Fax: (815) 788-3208
Email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it


Federal Residential Energy Tax Credits
– Get a direct Federal income tax credit when you use energy saving techniques in your new home. Consult your tax advisor for how these tax credits apply to your particular situation. Click here for IRS Form 5695 .


Illinois Incentives for Renewables and Efficiency
– The State of Illinois has many energy efficiency incentive programs. Click here for a complete list and see which ones might apply to your situation. Feel free to contact Geothermal House with your questions at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or call  708-415-8689.

 
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