Below are G.E.T.’s top picks from NY-GEO’s weekly “Just-In” Newsletter. Just In! features three fresh news item summaries on the NY-GEO home page every Monday. NY-GEO members get the full newsletter, which includes an advanced look at the website articles, plus event listings and job openings and several bonus article summaries with links, usually on the Saturday before website publication.
GET Parity Act Published! – “After over a month of apparently COVID-related delays, GPO has finally published the official text of H.R. 3920, known as the ‘Groundsource Exchange Tax Parity Act’ or the ‘GET Parity Act’. The bill, sponsored by Congress Member Paul Tonko, would increase parity between ground source heat pumps, solar, wind, etc. If passed, it would increase the current temporary 10% Commercial Energy Tax Credit for GHP from 10% today to 26% until the end of 2022, to 24% in 2023, and 10% thereafter.