NYS Geothermal and Air Source Heat Pump Tax Credit

NYS Department of Taxation & Finance

Available Energy Assistance

About This Program

New York State offers a 25% tax credit on residential geothermal heat pump installations up to $7,500, plus credits for air-source heat pumps. Credit can be claimed in addition to federal incentives, significantly reducing installation costs.

Maximum state tax credit for geothermal heat pump system

Key Details

  • 25% tax credit up to $7,500 for geothermal
  • Also covers air-source heat pumps
  • Stackable with federal 30% tax credit
  • Available through 2029
  • No income restrictions

How to Apply

A grant-savvy contractor in Coram, NY can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Available through 2029

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Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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