| American Recovery and Reinvestment Act of 2009
President Obama signed the American Recovery and Reinvestment Act of 2009 on February 17, 2009, which made important changes to the homeowner tax credits for specified energyefficient home improvements. These include qualified tankless water heaters (tankless water heaters with an EF rating of 0.82 or better). Two of the more significant revisions to this include the extension of the tax credit through 2010 and the increase of the total available tax credit from 10% to 30%.
Homeowners who purchase a qualified Rheem tankless water heater between January 1, 2009 and December 31, 2010 are eligible for a tax credit equal to 30% of the full purchase and installation price with a cap of $1,500.00.
IMPORTANT NOTICE:
Before filing for a tax credit, Rheem Water Heating recommends that Consumers consult a tax professional to review the American Recovery and Reinvestment Act of 2009 and its application in reference to Section 25C of the Internal Revenue Code.
For more information on energy tax credits, please visit: www.energytaxincentives.org
For more information on your local tax credits, rebates and incentives, please visit:
www.dsireusa.org and www.aceee.org
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