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The Geothermal Exchange Organization (GEO) has formally asked the U.S. House of Representatives Ways and Means Committee to recommend extending federal tax credits for residential and commercial geothermal heat pump (GHP) installations beyond their Dec. 31, 2016 expiration date.
The Departments of Energy and the Treasury recently announced they will be reallocating more than $150 million in tax credits for investments in manufacturing facilities for clean-energy technologies in Phase II of the 48C Advanced Manufacturing Tax Credit.
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