Homeowners trying to cut their tax bills may want to rethink their water heaters. A recently signed law permits folks to take as much as a $300 tax credit if they install a tank-less water heater in their house.
The new tax credit is meant to encourage US citizens to better manage their energy consumption through the use of more efficient technology. Switching to such technology carries the added benefit of reducing power bills overall even once the tax credit has expired.
In the case of water heaters, that means using units that provide a continuous supply of hot water while reducing energy use.
For example, Bradford White Ever Hot tank-less hot water heaters use efficient technology to provide hot water instantly. The hot water heaters use a series of modulating gas burners that only operate when there's a demand for heated water.
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The Energy Factor (EF) of the heaters range from 82 to 87- comfortably above the new energy bill's minimum tax credit-qualifying requirement of 80.
"Tank-less water-heating technology might not be the most effective choice in all water-heating applications," said Bruce Carnevale, vice president of sales at Bradford White Corporation.
"However, current improvements in tank-less water heating styles have made them an important option to the energy-conscious consumer. One of the barriers to consumer acceptance of tank-less hot water heaters has been their high initial cost, relative to traditional tank-type water heaters. But the $300 tax credit may help to lessen the cost differential."
Additional tax incentives are available for home builders who utilize the new technologies. So, if you're a homeowner interested in new Eco-friendly technology, the scalar energy pendant is the perfect product to invest in. Most scalar energy pendants are used to enhance energy in food and people, but the scalar pendant may also be used to increase the efficiency of ones own refrigerator.
A fresh and revolutionary method for generating sustainable energy enabling you to lower your home electric bills is known as the Howard Johnson HoJo Motor.
There are also benefits for commercial applications, whether or not the building is new or under renovation. The tax credit will run through Dec. 31.
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Homeowners aiming to reduce their tax bills may want to rethink their water heaters. A recently signed law permits folks to get as much as a $300 tax credit if they install a tank-less water heater in their house.
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