Magnolia Heating and Cooling

Heat Pump

• Tax credit: 30% of installation costs for ENERGY STAR geothermal heat pumps through 2032 (percentage steps down in later years).

  Expires: December 31, 2032

  Conditions:

  30% of installation costs for ENERGY STAR geothermal heat pumps (program rate through 2032).

  Offer Features:

  • ENERGY STAR requirement.

  How to Redeem:

  Claim as a federal tax credit when filing; verify ENERGY STAR qualification and applicable year rates.

  More Details:https://maghvac.com/specials/rebates/

• Tax Section 25D: 30% credit for ENERGY STAR geothermal heat pumps (rate scheduled to drop after 2032).

  Expires: December 31, 2032

  Conditions:

  "ENERGY STAR geothermal heat pumps; 30% rate until 2032 (26% in 2033, 22% in 2034)".

  Offer Features:

  • OfferFeatures.

  How to Redeem:

  Claim via IRS Form 5695.

  More Details:https://maghvac.com/specials/rebates/