Does anyone know of an electric water heater that will qualify for the federal tax credit?
Posted on | March 21, 2010 | 2 Comments
I need to buy a new water heater and it has to be electric. The way I am reading the requirements to be eligible for a tax credit, the electric water heater has to have an Energy Factor of 2.0 or greater. I’m not finding any electric water heaters with an Energy Factor above 0.98 though. Any specific brands and model numbers of a qualifying electric water heater will be greatly appreciated.
I appreciate the answers. Thanks for your help.
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2 Responses to “Does anyone know of an electric water heater that will qualify for the federal tax credit?”
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March 21st, 2010 @ 5:37 pm
Doesn’t exist… You might try tankless water heater – they are very energy efficient (water conserving too) but quite pricey….
http://www.heater-store.com/bosch-powerstar-ae12-electric-tankless-water-heater_1613_prd1.htm
March 21st, 2010 @ 5:46 pm
I couldn’t find any, either. Nor could I find any tankless water heaters that are energy star compliant, so there goes that theory. If you can’t meet the federal requirement, check with your municipality and state. Many have rebate programs of their own that will gain you real dollars instead of a tax credit.