Waterless Geothermal: A Game-Changer for New York State

| March 20, 2024

New York State is no stranger to innovation and forward-thinking solutions, especially when it comes to sustainable energy practices. As the state continues to prioritize eco-friendly initiatives, geothermal energy emerges as a transformative force, offering unparalleled benefits for homeowners, businesses, and the environment. Let’s delve deep into the myriad advantages of geothermal energy specifically tailored for the Empire State.


Unmatched Cost-Efficiency

When it comes to long-term savings Waterless® Geothermal reigns supreme. The return on investment is substantial. By tapping into the earth’s stable temperatures below the frost line, geothermal systems drastically reduce energy consumption compared to traditional heating and cooling methods. Over time, New Yorkers can expect to recoup their investment through significantly lower monthly utility bills and minimal maintenance expenses.


Stellar Energy Savings and Efficiency

Waterless® Geothermal stands as a paragon of energy efficiency, offering New Yorkers an unparalleled opportunity to slash their carbon footprint. By leveraging the earth’s consistent thermal energy, we can deliver reliable heating and cooling year-round, regardless of external weather conditions. This efficiency not only translates to substantial energy savings but also contributes to a cleaner, greener New York by reducing greenhouse gas emissions and reliance on fossil fuels.


Green Energy and Environmental Stewardship

In alignment with New York’s ambitious climate goals, geothermal energy serves as a cornerstone of sustainable development. By transitioning to Waterless® Geothermal, residents and businesses can significantly mitigate their environmental impact, paving the way for cleaner air, reduced pollution, and enhanced ecological resilience. Moreover, geothermal installations have a minimal footprint, preserving New York’s natural landscapes and ecosystems for future generations to enjoy.


Lucrative Tax Incentives and Rebates

New York residents can capitalize on generous federal and state tax incentives to offset geothermal installation costs significantly. The federal tax credit from the IRA (Inflation Reduction Act) covers 30% of a geothermal system’s cost, which equals thousands of substantial financial relief for homeowners and businesses alike. Additionally, New York State also offers a lucrative 25% tax credit up to $5000 on geothermal installation expenses, further enhancing affordability and accessibility.


But the incentives don’t stop there. Various local utilities across New York provide substantial rebates for geothermal installations. For instance, a 2,500 square foot home installing a 5 Ton 47,900 BTUH Heat Pump can expect the following rebates:


– Central Hudson: $9,580

– ConEd: $20,000

– National Grid: $7,185

– NYSEG / RGE: $7,185

– Orange & Rockland: $9,580

– PSEG Long Island: $10,717

*Disclaimer: The information provided on this page regarding tax credits is for informational purposes only. Tax credit rates and eligibility criteria are subject to change without notice. While we strive to keep the information accurate and up-to-date, we cannot guarantee its completeness or accuracy. We recommend consulting with a qualified tax professional or contacting the appropriate government agencies for the most current information on tax credits. We disclaim any liability for any errors or omissions in the information provided and any reliance placed on such information.


Climate Compatibility and Reliability

Geographically diverse, New York State benefits immensely from geothermal systems’ adaptability and reliability. Regardless of the region’s climate—be it the cold winters of upstate New York, the milder temperatures of Long Island, or scorching NYC summers—Waterless® Geothermal offers consistent performance, ensuring optimal comfort and energy efficiency year-round.


Waterless® Geothermal represents a golden opportunity for New York State, offering a plethora of benefits ranging from cost-efficiency and energy savings to environmental stewardship and financial incentives. With federal tax credits, state rebates, and utility incentives making geothermal installations more accessible than ever, there’s never been a better time for New Yorkers to embrace this groundbreaking technology. To find a factory trained geothermal installer near you, be sure to utilize our dealer locator on our website. Together, we can pave the way for a sustainable, resilient, and prosperous future for all.