Are you looking to upgrade your water heater? Now is the perfect time to do so, thanks to the Federal Tax Credits & rebates available. We are happy to help, specify the right water heater for your application and get you the most savings. Let’s dive into the details of this tax credit and how you can benefit from it.
Eligible Products
- Gas Storage Water Heaters: ENERGY STAR certified models with a Uniform Energy Factor (UEF) greater than or equal to 0.81 for tanks less than 55 gallons and greater than 0.86 for tanks 55 gallons or more.
- Tankless Gas Water Heaters: ENERGY STAR models with a UEF greater than 0.95.
- Heat Pump Water Heaters
- Commerical Gas Water Heaters
How to Claim Your Tax Credit
- Purchase and Install a Qualified Water Heater: Ensure your water heater meets the ENERGY STAR certification requirements.
- Save Your Receipts and Certification Statement: Keep all documentation related to your purchase and installation.
- File IRS Form 5695: When filing your taxes, include IRS Form 5695 to claim the Residential Energy Efficient Property Credit.
For more details, visit the IRS website for Form 5695.
Maximize Your Savings with ENERGY STAR Rebate Finder
In addition to the federal tax credit, you may be eligible for additional rebates and incentives. ENERGY STAR’s Rebate Finder is a great tool to discover available rebates in your area. Simply enter your ZIP code to find local incentives.
Try it now: ENERGY STAR Rebate Finder
Conclusion
Upgrading to an ENERGY STAR certified natural gas water heater not only enhances your home’s energy efficiency but also provides substantial financial benefits through federal tax credits and local rebates. Take advantage of these incentives today and enjoy long-term savings and improved comfort in your home.
Contact Us:
- Phone: (657) 467-5862
- Email: support@levelupplumbinginc.com
- Address: 5362 Oceanus Dr, B, Huntington Beach, CA 92649
Stay informed with more tips and updates by following our blog and social media channels. Happy savings!