Free Course: A Complete Guide to Geothermal Tax Incentives


Length: 3 modules

Instructor: Charles Goulding

Partner: High Performance Building Institute

Subjects: Free Courses, Geothermal Heat Pumps


Sell more jobs by learning how tax credits can make each job more economical for your clients. A comprehensive course taught an energy and tax expert that will discuss all tax benefits geothermal HVAC installations can received, and how to apply for them them, how much they are, and how they can impact the economics of a project. Topics will include the EPAct of 2005, Bonus Depreciation, Geothermal Heat Pump Tax Credit/Grant for Business, Geothermal Heat Pump Grant for Residential.

Your Instructor


Charles Goulding

Charles R. Goulding is an Attorney/CPA and President and founder of Energy Tax Saver's Inc. Previously he was a Managing Director at Cooper Industries, Inc. in Houston, Texas. Before joining Cooper, Mr. Goulding was a vice president of Dover Corporation, a seven billion dollar sales NYSE diversified industrial manufacturer. He has also operated a private Accounting...[more]

Course Outline

WELCOME - Orientation Materials

This is a free course. We take pride in our free courses, but keep in mind that this is only a taste of what we do in a full HeatSpring course. For this course you can use the discussion board to interact with other students and ask questions. You will have access to all of the online materials for a full year. Contact Tom McCormack, your Student Advocate, if you have questions. Please review the orientation materials and introduce yourself on the discussion board.

Section 1: What are the Credits, Who Can Apply and How?

The first module includes a comprehensive review of the EPAct tax deduction. For commercial property we cover EPAct incentives, tax credits and grants and explain how your past commercial projects could be a time-limited goldmine. We discuss allocation of incentives in multiple designer situations and also cover the HVAC related components that we have seen qualify in the past on geothermal projects. We close the presentation with a discussion of energy modeling requirements for energy tax incentives.

Section 2: How do the Credits Affect Project Economics and How Can They Be Maximized?

The second module reviews bonus depreciation as well as commercial and residential tax credits available for geothermal. We will provide an overview of the application and verification process for the credits, however every project is different and if you have specific questions please use the discussion board. We will also discuss how to optimize geothermal tax combinations including geothermal/ LED lighting combinations and geothermal HVAC combinations including HVAC controls.