Southern Indiana Power rebate program

Your co-op offers incentives and rebates for members who install energy-efficient equipment in their home or business. But you need to act fast; the deadline to apply for a rebate for energy-efficient HVAC and water heating equipment is Dec. 18. Get more info and an application at our website, www.sinpwr.com.

Geothermal tax credit

The federal tax credit for purchasing a geothermal HVAC unit has been extended until 2022, but is being stepped down each year as follows:

26% for systems placed in service after Jan. 1, 2020, and before Dec. 31, 2020. 

22% for systems placed in service after Jan. 1, 2021, and before Dec. 31, 2022.

Get more information about geothermal and other renewable energy tax credits at www.waterfurnace.com/literature/collateral/br1507mw-tax-credit-residential.pdf.