Press release from the Long Island Geothermal Energy Organization (LI-Geo.org):
The New York State Senate and Assembly have proposed new legislation related to geothermal heating and cooling installations.
On January 9, 2013, New York State Senator Maziarz introduced a bill to amend the tax law to exempt both sellers and purchasers of geothermal systems from sales and use taxes for materials.
The same day, New York State Assembly Member Jaffee introduced an identical bill to the Assembly.
This legislation will make geothermal heating and cooling systems more affordable and thus more economically attractive to all NYers. Please write to your NYS representatives to show your support for these bills.
The proposed bills are to amend the tax law to exempt both sellers and purchasers of geothermal systems from sales and use taxes for materials. (Sales and use taxes for the labor involved in capital improvements, such as these installations, are already exempt.). This is similar to the sales and use tax exemption that has aided the solar PV industry in New York State to prosper.
This change in the law will help the in-state geothermal industry—geothermal engineers, installers, designers, service providers, equipment distributors and manufacturers—be both more competitively priced and profitable.
Please write or e-mail your Senator, asking him or her to support this bill. We have a sample letter prepared on our web site for you to sign. Please feel free to customize the letter. If you do not know who your senator is, you can click here to find him or her.
You can also leave a comment about the bill for the Senate at the bottom of the page.
Please also write or e-mail your Assembly Member, asking him or her to support this bill. We have a sample letter prepared on our web site for you to sign. Please feel free to customize the letter. If you do not know who your assembly member is, you can click here to find him or her.
The bills are available for reading at the following links:
Senate Bill S01343
Assembly Bill A01411
As always, to keep up to date with what’s new in HVAC technology, visit our website at airideal.com and follow us on Twitter @airideal and at our Facebook page!
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