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.
The CT Energize Program offers rebates based on heat pump tonnage for those switching their fossil fuel energy system to a geothermal system. Beginning January 1, 2023 the rebate is $2,000 per ton. (capped at $15K)
As part of our service to you, King Energy will guide you through the process and the completion of the form to ensure it is fill-out correctly. The online submission makes it easy to claim your rebate.
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.
Visit the Connecticut Green Bank to explore .99% interest loans for up to to $15,000 and loans for up to $50,000 (special permission up to $75K) offering 5, 7, 10, 12, 15 and 20 year loan options starting at 5.99%