$1500 Tankless Tax Credit

ENERGY STAR rated tankless water heaters help keep our air clean and continue the fight against global warming. All ENERGY STAR rated tankless water heater models are energy star certified for 2010, offering even more incentive to install in your home or business. Energy star rated appliances use 7-10% less energy than non-rated appliances, and can save the user money throughout the life of the equipment. A Noritz energy star tankless water heater will achieve around a 30 percent reduction in energy use and save consumers approximately $108 annually, compared to a traditional tank water heater. For 2010, there is a tax credit up to $1500 for individuals who install a Noritz tankless water heater in their home. Noritz tankless water heaters have a programmable thermostat, keeping you in control of the water temperature and ultimately how high your gas heating bills can get each month. Noritz water heaters are installed by certified technicians, ensuring sizing and installation of your water heater is done correctly. Earning the Energy Star means our units meet strict energy efficiency guidelines set by the U.S. Environmental Protection Agency and the Department of Energy. By switching to more energy efficient appliances and equipment, we can reduce the demand for electricity and cut carbon dioxide pollution from power plants. By purchasing a Noritz energy star tankless water heater and taking steps to optimize the performance of heating equipment, you are helping to prevent global warming.

There are three categories of eligibility for the up to $1500 tax credit:

• For consumers: home improvements through the purchase and installation of a Noritz tankless water heater
• For homebuilders: installation of Noritz tankless water heaters for new home construction
• Commercial applications do not qualify. Must be homeowners only.

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