Federal Tax Credit 30% (until 2032)
Retro-Fit (switching from fossil fuel to geothermal existing home projects) Rebates via the Energize Connecticut Program
Financing with the Connecticut Green Bank
CT-Energize Loan (Up to $15,000 for .99%)
Federal Tax Credit
The Federal Government offers a strong incentive to incorporate geothermal into your new or existing residential green energy plan.
Until 2032 geothermal installs qualify for a 30 % federal tax credit
King Energy will work with you and provide to you the certificate necessary for you to submit.
For further information check out our blog post here: The Federal Tax Credit
The CT Energize Program offers rebates based on heat pump tonnage (with a max of $15,000) for those switching their fossil fuel energy system to a geothermal system.
Once your system is installed, it is important that we complete the form first. We'll then send it to you to mail so the rebate is delivered directly to your address.
Connecticut Green Bank-Low-Interest Financing
King Energy has been recognized as a Top Performer with the CT Green Bank when it comes to helping our customers get financing with the CT Green Bank.
Don't get stuck on long high interest rate loans with crazy terms- work with King Energy, LLC and the Connecticut Green Bank to explore .99% interest loans for up to to $15,000 and loans for up to $40,000 offering 5, 7, 10 and 12 year loan options starting at 4.49%
Video: Hear from homeowners, Dan and Sara form Redding, CT.
They used a Hydron Module 4 ton heat pump combined it with solar to save thousands on their annual energy bills.
0% Financing for Crumbling Foundation
Towns Identified by CRCOG as having been impacted by Crumbling Foundations
Offered via the CT Green Bank, this program allows homeowners, affected by the crumbling foundation crisis, to apply for 0% financing for up to 10 years.
Simply email the CT Green Bank with the documentation confirming you were approved for assistance through the State of Connecticut's Department of Housing. Click here for the DOH link.
From there, the CT Green Bank will work with you on notifying the lender of the eligibility for the 0% Smart-E loan financing.