There’s a new (and improved!) 2009 – 2010 Tax Credit for Energy Conserving Appliances.
Beginning on January 1, 2009, and continuing through December 31, 2010, the Tax Credit has been raised to 30% of the cost of a Tankless Water Heater and its installation. Our average installation runs somewhere around $3200 / $3300, so this means anyone purchasing a new Tankless Water Heater will get a refund of about $1000 (max is $1500). That’s great news for homeowners and everyone in the Tankless Industry!
Read more about it at Energy.gov. To learn more about Tankless Water Heaters, visit HotWaterGuys.com, too!
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