Is there a tax credit for installing tankless hot water heaters?
The Federal tax credit allows homeowners who install any of Beeson Direct’s qualifying models to claim 30% of the full purchase and installation price up to a maximum of $1500. To take advantage of the one-time Federal tax credit, homeowners must installa qualifyingunit in 2009 or 2010,and claimiton their 2009 or 2010Federal income tax forms, respectively. The maximum amount a taxpayer may claim for all qualifying energy efficient home improvements including the purchase and installation of a tankless water heater is $1,500 over the lifetime of the credit (2009-2010). As required by law, please keep your receipt(s) of purchase/installation and print out the Manufacturer’s Certification document below for tax record purposes.
