Expert Interview - Brian Urlaub Project Engineer
Equipment and Labor Cost Comparison Geo vs Furnace & Central Air
Geothermal Commercial Grade VFD 5 Ton Unit
installed: $15,000 - $18,000
Tax Credits & Rebates
Commercial Ground Source Heat Pump
Alliant Energy 2021 Rebate $6000
10% Geothermal Federal Tax Credit $1500-$1800
US DOE - REAP Grant - up to 25% $4500
Total (not including depreciation asset value) = $12,000
Gas Furnace & Central AC
installed: $9000 - $10,000*
Tax Credits & Rebates
Traditional Efficient Central Air Conditioner
(new or existing building < 5000sq ft)
Alliant Energy 2021 Rebate Max Rebate amount is $600
No federal tax credit
No Grant Opportunities
*96% efficient furnace & 16 Seer rated AC
Sources
Rabe Hardware
317 Locust St SW NW
Blairstown, IA 52209
Northeast Iowa Mechanical
19034 Fleet Rd.
Elgin, IA 52141