Did you Know The law allows a $300 tax credit on personal income tax returns if a homeowner installs a high-efficiency gas, oil, or propane water heater with an energy factor of at least 0.80.
Most tankless water heaters meet or exceed this standard. A tax credit is usually more valuable than a deduction because a credit allows taxpayers a dollar-for-dollar reduction of taxes owed.
The cost of heating water is greater than most suspect. Energy experts say in most homes it accounts for the highest percentage of utility bills – about 30 percent. Traditional tank-type water heaters cost more to operate because they store hot water for when it eventually will be needed. As the water cools, the heater continually recycles to keep the water at a pre-set temperature.
Tankless units heat water on demand, so they only run when someone turns on a hot water tap. There’s no tank full of water to cool off, only to be re-heated over and over. Master plumber James Richards of, of Advanced Aqua Services . explains how this helps.
“The greatest demand for hot water comes in the morning when a family gets ready for work and school, “Richards said. “You drain the tank, it fills back up and the heater is running full blast as you walk out the door. Throughout the day, the water cools and is reheated over and over, running up utility bills. The gas and electric companies love it!”
Richards says tankless water heaters offer a number of advantages for homeowners, including:
For additional information, please visit: www.energy.gov/taxbreaks.htm. Consumers who have further questions regarding the Energy Policy Tax Incentives law should consult with qualified tax advisors.
Tankless water heaters heat water only when it’s needed – saving you money every time you turn the tap. Ask Advanced Aqua Services about them today.
Tankless water heaters heat water only when it’s needed – saving you money every time you turn the tap.
But if the problem is the heater and not the way the system was laid out, we have good news – you won’t have to re-plumb your house to get all the hot water you want, when and where you want it.
If it’s time to replace your water heater (usually about 8 to 10 years), or if you want energy savings now, we recommend a tankless water heater.
Tankless units heat water on demand, so they only run when you use hot water.
Tankless water heaters save you money!The biggest demand for hot water is usually in the morning when the family’s getting ready for work and school. You drain the tank, it fills back up, the heater turns on and is running full blast as you walk out the door. You don’t need hot water then! Worse yet, the water cools and is re-heated in the tank several times each day, wasting energy and running up your utility bills.
Tankless water heaters put an end to that needless expense, saving you up to 50 percent of the cost of heating water!
That’s especially significant when you consider that the cost of heating water accounts for the biggest percentage of all residential utility bills – about 30 percent, on average.
What’s more, because of their small size (about the size of a briefcase), we may be able to i install them nearer to where you use the hot water the most, eliminating a long hot water plumbing run.