From The Speaker's Office ~ Oklahomans purchasing a geothermal heat pump system will save not only on their utility bills, but may also receive a state tax credit, House Speaker Chris Benge announced today as a part of his ongoing energy initiative.

Benge announced his plans to file legislation requesting a 5 percent tax credit for both residential and commercial uses of a geothermal system.

Geothermal heat pumps utilize a nearly constant temperature below the ground surface to heat a home or business in the winter, and remove heat to cool a structure in the summer. The technology is considered the most energy-efficient, environmentally clean and cost-effective space-conditioning system currently available.

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