Tankless Water Heater Tax Credit Information
Claim Your Tax Credit
With 3 Easy Steps!
- Find a Rinnai dealer near you by calling 1-866-RINNAI-1 or visit www.foreverhotwater.com
- Keep your Rinnai tankless water heater purchase receipt.
- Consult your accountant, attorney, financial or tax advisor for more information, and to obtain the proper tax credit claim forms.
Get Your Tax Credit Now
• Purchasers of qualifying Rinnai tankless water heaters maybe eligible for a $300 tax credit, as outlined by the Energy Tax Incentives Act, effective January 1, 2006.• Benefits from the energy tax credit include lower home energy bills, increased indoor comfort and reduced air pollution.
• A total tax credit of $500 is available to consumers who install energy-efficient new windows, insulation, doors, roofs, and heating and cooling equipment in their homes, including qualifying Rinnai tankless water heater models.
• If you consume and claim the $500 tax credit on other improvements allowable under the tax, you may not be eligible for the water heater tax credit. Check with your tax professional if you have questions.
• To be eligible, all improvements must be “placed in service” from January 1, 2006 through December 31, 2007, in or on the taxpayer’s principal residence in the United States.
• To receive the credit, consumers must follow the guidlines as published by the IRS. Consult your tax professional for more information.
• The tax credit will either increase the consumers’ tax refund or will decrease the amount of tax paid.
• For more information, visit The Alliance to Save Energy web site at www.energytaxincentives.org
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