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. Some of the more
significant changes include the extension of the tax credit through
2010 and the increase in the total available tax credit from 10% to
30%.
Homeowners who purchase and install a qualifying Rinnai tankless
water heater between Jan. 1, 2009 and Dec. 31, 2010 will now be
eligible for a tax credit equal to 30% of the full purchase and
installation price up to a maximum of $1500.
Click here for more information: http://www.rinnai.us/tankless-tax-credit/
.