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mntnvew
New Member

Renewable Energy Installation Question

I am considering installing a ground source heat pump, Geothermal, for my HVAC system. I believe this qualifies for the 30% renewable tax credit. We currently have electric baseboard heating and a fireplace.

 

The system would consist of digging trenches, installing the heat pump, and all supply/return ducting/vents. If I pay tradesmen to do it, it increases the cost 3-fold. 

 

If I were to do all the labor myself, can I deduct any of the labor?

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Accepted Solutions

Renewable Energy Installation Question

No you cannot include your own labor in the cost of a home repair or a home improvement project.

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2 Replies

Renewable Energy Installation Question

No you cannot include your own labor in the cost of a home repair or a home improvement project.

mntnvew
New Member

Renewable Energy Installation Question

Thank you DoninGA. I knew that home improvements were not included, was hoping the renewable energy tax credit had an exception since I am saving the environment!

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