Who is eligible?

You are entitled to claim this credit if:

you purchased geothermal energy system equipment, or

entered into a written agreement for the lease of geothermal energy system equipment,

and

the New York residential property where the system was installed was your residence at the time the system was placed in service, and

the property was not rented at any time during the taxable year in which the credit is claimed.

Note: The geothermal energy system must use solar thermal energy stored in the ground or bodies of water to produce heat for residential use, commonly known as a ground source heat pump.