Businesses and tax-exempt organizations, including schools, can claim the Investment Tax Credit (Sec 48) for ground-source heat pump (aka geothermal heat pump) projects. Schools can receive a cash reimbursement for up to 50% of project costs if their ground-source heat pump projects meet prevailing wage and apprenticeship, use domestic content, and site projects in “energy communities”. This tax credit is available for ground-source heat pump projects that commence construction by Dec 31, 2034. This tax credit is non-competitive, there are no caps on funding, and schools receive the value of the tax credit in the form of a cash reimbursement through Elective Pay.