Federal Tax Credits

Federal Tax Credits
The American Recovery and Reinvestment Act of 2009 signed on February 17, 2009, by President Obama has made significant changes to homeowner tax credits for specified energy-efficient home improvements including qualifying, residential water heaters and boilers. Some of the more significant changes include the extension of the tax credit Extended into 2011 with New Credit Amounts and the increase in the total available tax credit.
Homeowners who purchase and install a qualifying Rinnai tankless water heater may now be eligible for a tax credit.
Effective Dates
January 1, 2009 through December 31, 2010 Extended into 2011.
Water Heater and Boiler Qualifications
Rinnai tankless water heaters with an energy factor (EF) of 0.82 or greater and Rinnai boilers with an AFUE of 90 or greater will qualify for the tax credit.
Click here to view qualifying Water Heater.

• The Rinnai tankless water heater or boiler must be “placed in service” between January 1, 2009 and December 31, 2010 Extended into 2011. The IRS defines "placed in service" as when the product is ready and available for use.
• The Rinnai tankless water heater or boiler must be installed in or on the taxpayer’s principal residence in the United States.
• The tax credit is ONLY available for existing homes.
• Effective Dates of the credit (2009 & 2010 2011).