Tax FAQ
 

What Is A Point Of Use Tankless Water Heater?

I necessity to take advantage of the tax credit for changing my water heater but am interested in knowing about the point of use tankless water heater.


Answer: Model water heaters have a storage tank which the heater needs to keep hot, so it runs more. Then, at times of high hot water treatment, the tank runs out, and needs to be refilled with more hot water. They use a huge amount of energy. The point of use heaters only animate the water as it goes to the "point of use," say a shower or sink. Since it only heats the water as its being old, it uses less
energy. The one down side is that it takes a minute or two for the water to start
 
 

How Much Did It Cost You To Convert To A Tankless Water Heater?

I be informed prices will vary by region, model installed and associated labor costs- but I indigence to know how much YOU paid in total to convert to a tankless water heater.... Was it worth it? Did you get the full tax credit? Thank you!


Answer: There are too many variables in your mystery.

For example within the last year I replaced my water heater I was set on getting a tankless prices vary as to how many people are in the household (substance how much water will you need at once) I have 4 and did not want to skimp so I look at models that allowed multiple uses at once. Had the scale model picked out, (which did get the allowable tax credit as almost all tankless models do) and the contractor came out to look at doing

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Which Water Heaters Qualify For The 2009 Energy Tax Credit?

other than the tankless water heaters


Answer: Wow, does England have the same credits the USA does?

If this is a USA query, you posted it in the wrong area, but go to www.energystar.gov to get the guidelines.

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Tankless Water Heater Install - Possible DIY Job?

I am thoughtful about placing a new tankless water heater in my house to save some energy and take advantage of the tax credits. I can find good heaters for around a $1000, but am wondering if this could in any way be a DIY install. I have some plumbing experience and follow instructions well, but am wondering if anyone has had any success with this prototype of project.

If there are any professional plumbers here I would also love your feedback. Considering I have natural gas


Answer: I installed my own Tankless heater, and will give it a 7 out of 10. The biggest issues i have run into is that gas, water in and water out must all be 3/4 inch. This wasnt a very big pay-off as I had 3/4 on the ceiling but they reduced it down so i just replaced the 10 or so feet of N.G. Irish briar to all 3/4 inch. Next is venting. When i got my unit at Menards I was told i could plumb it out the chimney solely like our regular tank heater was. WRONG. I was getting backfeed through the furnace,

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Will My New Oil Boiler Qualify For The $1500 Tax Credit?

Last year I installed a Weil-McLain WTGO series 3 oil fired water boiler with tankless heater. From looking online I can't spill the beans if this would qualify for the $1500 tax credit for energy improvements.
Does anyone know?
Thanks


Answer: If they didn't give you a certificate saying it was and can't find one to publish at the website, then no, don't claim it.

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