Terra-Therm is the Midwest's largest distributor of geothermal heat pump systems, radiant floor heat systems, high-efficiency gas and electric radiant floor water heaters, and all the components that turn parts into systems.

Green Incentives & Energy efficiency funding programs

 

 

Federal | USDA | Local Utilities

 

Federal


The US Department of Energy maintains a website highlighting energy-efficient financing programs, including mortgages, home improvement loans, refinancing, and home energy ratings. Check it out for potential funds for changing your heating systems.

 

To qualify, the systems must meet or exceed EnergyStar requirements and be installed through 2016 can take advantage of the full credit. Owners can file for the credit by completing the Renewable Energy Credits subsection on their tax return forms for 2008. For taxpayers that are subject to the Alternative Minimum Tax, they can claim the credit on their taxes for the following year. The contractor who sold and installed the product should list the purchase as a "Geothermal Heat Pump" on the invoice and that it "Exceeds requirements of Energy Star program currently in effect".


The tax credit is available through December 31, 2016. Consult your local tax professional for advice on taking advantage of the tax credit, as this announcement is not intended as a recommendation or endorsement of any financial strategy.

 

USDA

 

USDA Rural Development provides funding opportunities in the form of payments, grants, loans, and loan guarantees, for the development and commercialization of renewable energy sources including wind, solar, geothermal, hydrogen, ocean waves, hydroelectric, biomass, and bio-fuel (ethanol, biodiesel, etc.) to change the way people power their homes, businesses, and industries. By making renewable energy sources commercially viable, USDA Rural Development is also creating sustainable opportunities for wealth, new jobs, and increased economic activity in rural America.

 

Local Utilities

 

Each state and U.S. territory designed its own rebate program, and all 56 plans have been approved by the U.S. Department of Energy (DOE). Learn about those energy efficiency programs, including their program start dates and specific eligibility criteria. (Note: This Web site is the only official DOE-sponsored Web site; be cautious of "fake" Web sites or media stories that may contain inaccurate information.)

 

MNREM is leading the way in Minnesota's renewable energy marketplace: building collaborations, training works and business, encouraging job creation, providing grant management, supporting innovations in the industry and informing public policy

 

 

 

 

Energy Efficiency

Federal tax credits are available now for many energy-saving improvements, including windows, doors, water heaters, and HVAC equipment.

Useful links:
IRS form
Tax code related to tax credit for geothermal 
EnergyStar requirements
Certificate of Compliance

Incentives

Everyone is going Green and if you are ready to go Green too there are government incentives to make the transition even more affordable!
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Dealer Network

Geothermal and radiant solutions in Iowa, Minnesota and Wisconsin. We'll help you locate a qualified dealer and installer in your area.
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Contact Terra-Therm

PO Box 428
13128 240th Ave.
New Richland, MN 56072
(507) 463-3213
Fax: (507) 463-3215
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