Tax Credits & Rebates

Bosch Thermotechnology has numerous products that qualify for Federal, state, and local credits and incentives. Our geothermal heat pumps, tankless water heaters, and high-efficiency boilers are designed to save energy, money, and reduce dependence on non-renewable natural resources.

Tax Credits, Promotions, Rebates & Incentives

How to File for Tax Credits
Visit Energy Star's website for helpful tips to file your Tax Return
Federal Tax Credits for Consumer Energy Efficiency

Residential Energy Credits
IRS Tax Form 5695 (PDF 0.1 MB)

Visit EnergyStar's Website
Visit EnergyStar Website for Complete Details and Documents Here.
EnergyStar.gov

Visit DSIRE Website
DSIRE is a comprehensive source of information on state, local, utility and federal incentives and policies that promote renewable energy and energy efficiency.
DSIREUSA.org

Geothermal Tax Credits

Over time, a geothermal heat pump will pay for itself in energy costs, allowing companies to serve both their environmental interests and their bottom line simultaneously.

Geothermal Tax Credits

Tankless Water Heaters

You may be eligible to receive a rebate from your local utility for the purchase of new EnergyStar Bosch water heaters.

Tankless Water Heaters Tax Credits, Incentives and Rebates

Geothermal Tax Credits

Reinstated Geothermal Tax Credits
In October 2008, the U.S. Congress passed The Emergency Economic Stabilization Act of 2008 (H.R. 1424), extending the Investment Tax Credit (ITC) to include geothermal heat pumps installed after October 3, 2008 until 2016. This tax credit was reinstated retroactively to include Geothermal Heat pumps installed after Jan. 1, 2017 and extended to Jan. 1, 2022.

DETAILS:
Geothermal Systems purchased in 2017, 2018, 2019: 30% Rebate
Geothermal Systems purchased in 2020: 26% Rebate
Geothermal Systems purchased in 2021: 22% Rebate

The language also changes an important consideration for commercial GHP projects, making them eligible if commenced by Jan. 1, 2022 rather than placed in service.

Receiving Your Incentives
To qualify, a system must be placed in service after October 3, 2008 and no later than December 31, 2021. To collect this credit the taxpayer would need to complete IRS Form 3468. The form will need to be reviewed by the IRS, to reflect the addition of geothermal heat pumps as "qualifying equipment". There are no specific requirements for how the expense must be reported, however it would be helpful if the report clearly states "geothermal heat pump installation" on the contract or invoice. Please consult with a tax professional for more information on what incentive opportunities are available to you.

Geothermal Tax Credit Certificate
Letter (PDF 0.1 MB)

Geothermal Tax Credit, Qualifying Models
Qualifying Models

FHP ARRA Certification of Compliance
Download certificate (PDF 0.3 MB)

Visit energy.gov
Visit EnergyStar for complete details on the Residential Renewable Energy Tax Credit.
More Info

Visit DSIRE
DSIRE is a comprehensive source of information on state, local, utility and federal incentives and policies that promote renewable energy and energy efficiency.
More Info

Government Publishing Office
Read Summary 1409 to extend the credit for residential energy efficient property, and for other purposes.
View Bill (PDF 0.3 MB)

Gas-Fired Condensing Boilers Incentives and Rebates

You may be eligible to receive a rebate from your energy utility or state for the purchase of new EnergyStar Bosch Gas Condensing Boilers.

Check the DSIREUSA website for the most current information on all incentives available for your location.
DSIREUSA.org

The AHRI website contains a Directory of Certified Product Performance. For more information, check the AHRI website:
AHRIDirectory.org

Massachusetts/New Hampshire
Massachusetts and New Hampshire homeowners with natural gas service - Valuable rebates from Gas Networks Utilities up to $1,600 for high efficiency gas boilers, and up to $800 for high efficiency gas tankless water heaters! See website for details:
www.gasnetworks.com

Find Policies and Incentives Near You
DSIRE is a comprehensive source of information on federal, state, local and utility incentives and policies that promote renewable energy and energy efficiency.
DSIREUSA.org

Tax Certification Statements
Manufacturer Certification Statement (PDF 0.1 MB)

Tankless Water Heaters Tax Credits, Incentives and Rebates

Connecticut
Install an ENERGY STAR®-certified high-efficiency natural gas-fired tankless water heater and enjoy hot water on demand, energy savings and an instant discount up to $300.
Energize CT Tankless Eligibility Requirements

Massachusetts/New Hampshire
Massachusetts and New Hampshire homeowners with natural gas service - Valuable rebates from Gas Networks Utilities for high efficiency gas boilers and gas tankless water heaters.
GasNetworks Rebate Programs

Georgia & Tennessee:
Bosch Georgia Gas Light Tankless Water Heater Rebate

Bosch Thermotechnology offers a rebate in the form of a Visa Rewards Card to consumers residing in Georgia who purchase and install the qualifying Bosch ENERGY STAR rated tankless water heaters.
Bosch Georgia Gas Light Rebate

Visit EnergyStar's Website
Visit EnergyStar Website for Complete Details and Documents Here.
EnergyStar.gov

Visit DSIRE Website
DSIRE is a comprehensive source of information on state, local, utility and federal incentives and policies that promote renewable energy and energy efficiency.
DSIREUSA.org

Tax Certification Statement (2017)
Qualified Energy Property Certification Statement (PDF 0.2 MB)