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Incentives
New York State Incentives
New York State Clean Energy Program provides generous incentives for installation of a Geo Group ground source heat pump systems. A Geo Group System qualifies for the highest incentives in the industry.
$6,500/10,000 BTU/h for areas affected by the Westchester Gas Moratorium.
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30%
Connecticut Incentives
The Geo Group is an approved contractor for DEEP (Department of Energy and Environmental Protection). Connecticut homeowners can qualify for $1,500/ton up to $10,000 in heat pump incentives for a Geo Group Geothermal System.
Technology Matters!*
Comparison Incentive Chart Below . . .
The #1 Geothermal Designer & Installer in the Northeast
Most Northeast Utilities Offer Substantial Rebates.
These incentives save homeowners thousands of dollars More when installing a
GeoGroup Heat Pump System. . . See NYS Comparison Incentive Chart & Actual Project Costs below - Note Below: Additional 30% ConEd Incentive is Not included for areas affected by the Westchester Gas Moratorium.
Actual GeoGroup
Projects, Incentives & Costs
Retrofit - Converted Fossil Fuel (Propane) Systems to Geothermal
Project Location - Lower Westchester County, NY
Home Circa - 2000
Two (2) System
Custom Design & Installation $72,000 TOTAL
Federal Tax Credit Plus Con Edison Incentive -32,500 Incentives
Homeowner $39,500 Out of Pocket Cost
Value of Changing 20 yr. old System -20,000 Cost to Change Old System
Bottom Line - 'Real Cost' $19,500 Incremental Geo Cost
Homeowner Never Purchases Propane Again!
6 Year Payback!
Documented Annual Savings $3,050
New Construction - Geothermal vs. Propane Hydro-aire System
Project Location - Litchfield County, CT
Four (4) True Zone - Six (6) Total Zones
Geothermal Design & Installation All In $142,000 TOTAL
Federal Tax Credit Plus Connecticut Ince -46,000 Incentives
Homeowner $96,000 Out of Pocket Cost
Propane Hydro-aire System & 1500 Ft. Radiant
Six (6) Zone Propane Would Have C -70,000 Propane System
Bottom Line - 'Real Cost' $26,000 Incremental Geo Cost
Homeowner Enjoys a 'Fossil Fuel Free' Environment
Perfect Comfort . . .
Every Room, Every Season, Every Sensibility
5.5 Year Payback!
Documented Annual Savings $4,620
Technology Matters!
NYS Utility Incentives
Higher Performance Delivers Higher Incentives When You Own A GeoGroup Heating & Cooling System
Certified
Compare Heat Pump Incentives
Westchester County
5 Ton Heat Pump
61,500 BTU/h
Westchester County
Moritorium
$0.650/BTU/h
Additional 30%
$31,135
$39,975*
NYS
Utility
Heat Pump
Incentives
$0.20/BTU/h
$0.50/BTU/h
$9,580
$23,950
$12,300
$30,750
$0.15/BTU/h
$7,185
$9,225
OTHER
Geothermal
5 Ton Heat Pump
47,900 BTU/h
$0.15/BTU/h
$7,185
