Tankless Water Heater Tax Credit 2011

Tankless water heater tax credit that can save you up to $500 in 2011. Energy tax credits are a great incentive to make the switch to Noritz right now. All Energy-Star rated models will qualify for the new 2011 water heater category for the Energy Star® program. Earning the Energy Star means products meet strict energy efficiency guidelines set by the U.S. Environmental Protection Agency and the Department of Energy.

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. Energy Star® rated appliances use 7-10 percent less energy than non-rated appliances, and can save the user money throughout the life of the product. For 2011, there is now an available tankless water heater tax credit of up to $500 to individuals who install a Noritz energy star tankless unit in their home or business.

* For Federal Tax Credit, it is up to $300. However if an individual has already claimed $500 or more in tax credits between 2006 & 2010, they will not be eligible to claim any in 2011. If the amount is below $500, they should be able to claim for the difference. (e.g. claimed a total of $400 in tax credit between 2006 and 2010. If they install a Noritz, they should be able to claim up to $100 for 2011.)

Replacing a traditional tank water heater with a Noritz tankless water heater will greatly reduce the levels of CO2 emitted into the atmosphere by at least 700 lbs. per year. The switch will also make you eligible for energy tax credits. Our goal is to reduce CO2 emissions and create safe, long-lasting products that will provide consumers with endless hot water at a lower cost. Take advantage of energy savings and the tankless water heater tax credit today!

Click to learn more about the Tankless Water Heater Tax Credit.