All We Do is Geothermal
Connecticut's #1 Local Geothermal Company
Licensed & Insured
Financial
Incentives
Federal Tax Credit 30% (until 2032)
Retro-Fit (switching from fossil fuel to geothermal existing home projects) Rebates via the Energize Connecticut Program
Financing with the Connecticut Green Bank
CT-Energize Loan (Up to $15,000 for .99%)
Federal Tax Credit
The Federal Government offers a strong incentive to incorporate geothermal into your new or existing residential green energy plan.
Until 2032 geothermal installs qualify for a 30 % federal tax credit
King Energy will work with you and provide to you the certificate necessary for you to submit.
Retro-Fit Rebates
The CT Energize Program offers rebates based on heat pump tonnage for those switching their fossil fuel energy system to a geothermal system. Beginning January 1, 2023 the rebate is $2,000 per ton. (capped at $15K)
As part of our service to you, King Energy will guide you through the process and the completion of the form to ensure it is fill-out correctly. The online submission makes it easy to claim your rebate.
Connecticut Green Bank-Low-Interest Financing
King Energy has been recognized as a Top Performer with the CT Green Bank when it comes to helping our customers get financing with the CT Green Bank.
Visit the Connecticut Green Bank to explore .99% interest loans for up to to $15,000 and loans for up to $50,000 (special permission up to $75K) offering 5, 7, 10, 12, 15 and 20 year loan options starting at 5.99%
