The Power Moves rebate for closed loop geothermal system has increased to $2,000 for 2022.  The rebate is for closed loop geothermal heat pumps installed in new homes or in existing homes without an existing geothermal heat pump. A $1,000 Power Moves rebate is available for open loop geothermal systems.  A $250 Power Moves rebate is also available for upgrading an existing geothermal heat pump with a newer, more efficient geothermal heat pump. You can also check with your tax professional about possible tax credits for installing a geothermal system. More information about the geothermal Power Moves rebates available can be found at PowerMoves.com/geothermal.  Additional information about closed loop geothermal systems can be found at energystar.gov