New Tax Law Allows Expensing of Commercial HVAC Installation in First Year
As of January 1st, 2018, changes in the new Federal Tax Code allow for the cost of any section 179 property as an expense which is not chargeable to capital […]
VRF Air Source Heat Pumps Set to Capitalize on Geothermal’s Loss
Heat Pump Sales Volume By Country By 2020 As we have written previously, the Federal Renewable Energy Tax Credit for geothermal HVAC systems has sunset (as of 12/31/16). The 30% […]
Your Help Needed Now for Renewable Energy and Geothermal Tax Credit Extender
GEO has received information regarding the tax credits in regard to legislation. Please take action regarding this important industry legislation. NOW is the time to act to help extend the […]
New 2016 Efficiency Standards Kick in for HVAC
Don’t buy that 13 SEER replacement unit you were thinking about. The 2015 New York State (and International) Energy Conservation Construction Code has 2016 efficiency standard increases built in. Minimum […]
NY State Geothermal Tax Credit & Sales Tax Exemption Bills on Gov Cuomo’s Desk
The following comes from Bill Nowak, Executive Director of NY-Geo, Please Act: Governor Cuomo has called the geothermal tax credit (S2905) and sales tax exemption (S4279) bills to his desk. He […]
Can the US Become Energy Independent?
Despite whatever your views may be on the various topics of fossil fuels, fracking and renewable energy, it is obvious that the major US push towards developing energy production in […]
Sensible Rebuilding and HVAC Installation with Future Flooding in Mind
As most Long Island and New York homeowners are still waiting for insurance settlements to rebuild after Superstorm Sandy (see this Newsday article), it is imperative that planning for future […]
Congress Reinstates 25C Federal Energy Tax Credit on Qualifying HVAC Equipment Retroactively
As you probably know, in a last minute compromise on New Years Day 2013, Congress passed an agreement that will put off mandated cuts in federal spending and reinstate dozens […]
Aftermath – HVAC Replacement Opportunities in the Wake of Sandy’s Destruction
Having seen a vast variety of flooded out and crushed heating and air conditioning equipment in the last few weeks, it seems self-serving to discuss the “silver lining” that being […]
The Election and the Fate of Renewable Energy Tax Credits.
A recent article in the New York Times echoed the death knell of the wind power industry as the result of both the new glut of shale gas and the […]