Rinnai Residential Tankless Water Heaters

Important Update December 31, 2007

On December 17, 2007 the Energy Independence and Security Act of 2007 was signed into law. While generally applauded for improving auto mileage standards, and mandating higher efficiencies for many energy-consuming products, it is one very significant way a serious disappointment.

Despite the efforts of many in Congress, the provisions for most residential tax credits, included those for extension of the $300 Federal tankless tax credit, were stripped from the bill at the last minute. Therefore, unless further action is passed, the $300 Federal tax incentive WILL NOT be available for installations after December 31, 2007.

Many people are still working diligently to renew these incentives but as of now they will not be available in 2008. For more information, click this link. http://www.tanklesstaxcredit.com/

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