The Inflation Reduction Act of 2022 has delivered good news in the form of federal income tax credits and accelerated depreciation deductions that help make geothermal a more attractive option.

In 2009 under President Barack Obama, the economic stimulus package of 2009 was signed into law. Egg Geo was a regional engineering and contracting company in the southeastern United States with robust business in our central Florida offices.

According to the U.S. Energy Information Administration, more than half (51%) of the energy used in U.S. homes is directly spent on just two end uses, heating and air-conditioning. As such, producing a comfortable temperature within your living space creates one of the biggest carbon footprints of our modern living environment.