The Dandelion Energy home geothermal system replaces your home’s existing air conditioning and heating equipment with a powerful heat pump and safe, underground pipes that move heat between the earth and your home.
In the winter, the ground loops move heat stored in the ground into your home. In the summer, the ground loops returns heat from your home to the ground.
New York State offers a 25% tax credit on geothermal installation expenses, up to $5,000.
Additionally, homeowners are eligible for New York State's Clean Heat Program, which is administered by the homeowner’s utility. Let’s go over some important details to explain how these incentives are allocated.
Each utility has a unique incentive.
The incentive amounts are based on the installed heat pump’s total heating capacity BTUH.
PSEG Long Island rebate is based on the COP and EER of the unit. Long Island homeowners who install a typical 4 ton system (48,000 BTU) in a 2500 sq ft home get an $8,383 rebate for a new Dandelion Geothermal system. Rebates are capped at 70% of project cost.
The rebate program requires a pre-inspection and post-inspection step at the customer's home. Dandelion has built this into the installation timeline to ensure all rebate requirements are met.
Below is a list of the PSEG rebate based on system size:
Both Eversource and United Illuminating offer geothermal heat pump incentives via the Energize Connecticut program (The following municipal utilities are not part of the Energize Connecticut program; Groton, Bozrah, Norwalk, Wallingford, and Norwich). Geothermal systems are also exempt from Connecticut sales tax.
The Connecticut incentives are limited to $15,000 per household, or 10 tons worth of geothermal heat pumps. See the table below for an example of what an average sized home that needs a 5 ton geothermal heat pump system would qualify for in Connecticut.
With MassSave incentives, MA homeowners qualify for a $15,000 rebate for a new Dandelion Geothermal system. Geothermal systems are also exempt from state sales tax.
There are additional rebates available through the Alternative Energy Portfolio Standard for reducing greenhouse gas emissions that range from $400-$1,200/year for up to 10 years.
Green Mountain Power offers an incentive of $1,800 per ton that is based on the system’s heating output, and Efficiency Vermont is offering an additional $300, for a combined $2,100 per ton.
Rockland Electric (RECO) Homeowners are eligible for $0.20/BTUH rebate. On average, a 2,500 square foot home that installs a 5 Ton 47,900 BTUH Heat Pump will receive $9,580 Rebate. Homeowners can also claim a $500 rebate through the state’s COOLAdvantage program.
“We’ve helped hundreds of homeowners across the Northeast switch to geothermal -- a more modern, cost-effective and environmentally friendly heating and cooling option.”
"I’m proud to be part of Dandelion’s efforts to promote sustainability and environmental conservation! By upgrading to renewable geothermal energy, Connecticut families are helping protect our state’s natural environment and invest in our future."
"As a Connecticut Homeowner and Dandelion customer myself, I am thrilled to help my neighbors move away from heating oil and enjoy the many benefits of geothermal heating and cooling."