Examples of Geothermal Heat Pump in a sentence
During the 2018 legislation session, Iowa coupled with the federal extension effective January 1, 2019 but also repealed the Geothermal Heat Pump Tax Credit effective January 1, 2019.
During the 2019 legislative session, the Geothermal Heat Pump Tax Credit was reenacted, but was capped on a calendar year basis and thus became an awarded credit for tax years beginning on or after January 1, 2019.
The ENERGY STAR Geothermal Heat Pump Version2.0 specification is effective on April 1, 2001 and replaces all previous versions.
See Justin Mahlmann and Albert Escobedo, Geothermal Heat Pump Systems for Strategic Planning on the Community Scale, ACEEE Summer Study on Energy Efficiency in Buildings, 2012, which claims that for single family residential applications (typically less than 10 tons of heating capacity) the cost of the ground loop is $50-$100 per foot of ground loop.
Program Description Based on Code Language and Administrative Rules: A Geothermal Heat Pump Tax Credit is available for individual income tax equal to 20 percent of the federal residential energy efficient property tax credit allowed for geothermal heat pumps provided in section 25D(a)(5) of the Internal Revenue Code for residential property located in Iowa.