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TAX CREDIT
Environmentally Responsible
. . . Economically Compelling â„¢


Geothermal in NJThe best financing option is an e-Loc (equity line of credit) which allows a tax deduction for the interest paid for the life of an e-loc loan – usually ten (10) years.

A loan for Total Green Geothermal is a good business decision because this loan, unlike any other type of loan does not affect your ability to pay – the loan is offset by what you would have paid your fuel supplier.

Here’s how it works:
A typical system for a 3,000 square foot home with standard insulation using an Equity Line of Credit will cost approximately $150.00 per month in interest. This interest is fully tax deductible.

If you’re currently paying an average of $500.00 a month or $6,000 per year in fuel costs (oil, natural gas or propane), you can either pocket the difference or pay down the equity loan.

If you choose to pay down the loan based on actual fuel savings, it will be paid off in approximately 7 years or less based on average fuel costs – As fuel costs increase (and they are), your savings increase and you can pay off the loan in less time.

  • No Longer Purchase Oil, Natural Gas & Propane

  • Pays for Itself in 4-7 Years

  • No Cost (other than nominal electric)

  • IMMEDIATELY increases property value


Every $1.00 saved annually in energy increases property value by $20.
$5,000 saved = $100,000 increase in property value


 

Total Green LLC
371 Orchard Drive
Monroe, NY 10950
845.774.8484
EnergyProfessionals@totalgreenus.com

 
   
 


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