In 2009 under President Barack Obama, the economic stimulus package of 2009 was signed into law. Egg Geo was a regional engineering and contracting company in the southeastern United States with robust business in our central Florida offices.
Our busy office had several staffers regularly looking for funding opportunities including a project manager that brought me a file and said that his project owner had just inquired about a 30% federal tax credit for his new home geothermal heating and cooling system. I laughed and said that I would eat my hat the day the federal government pulled off any such tax credits for the geothermal heat pump industry. Our project manager persisted, so I said that if you would bring we written proof that there was such a program, I would listen.