Contact a Lohmeyer Plumbing professional to find out if a Tankless Water Heater is right for your home.
The Energy Star label is given to a product that operates significantly more efficient than its counterparts while maintaining or improving performance.
- Certain tankless water heaters are 98% efficient.
- Standard water heaters are generally up to 62% efficient.
- Lohmeyer Plumbing sells, installs and services the most efficient tankless water heater on the market.
- Hot water is supplied on demand. There’s no waiting for a tank of water to reheat.
- You won’t run out of hot water.
- In many cases, with the expanded tax credits, the payback is less than 5 years.
2009-10 Tax Credit Provides Affordability
- 30% tax credit up to $1,500.
- This tax credit lowers your individual tax bill dollar for dollar. A tax deduction can have a lower overall benefit, depending on your tax bracket.
- Vectren also is providing a $150 rebate to qualifying natural gas tankless water heaters. For specifics, go to www.vectrenenergy.com and, in the search box, type in “Appliance/Product Rebates.”
- Rebates from other gas suppliers are available, up to $300.
“In many cases, this (tax credit) will make the high-efficiency product cheaper than the low-efficiency product. …pretty lucrative, and I’d be surprised if it gets extended into 2011.”
-Steven Nadel, executive director of the American Council for an Energy-Efficient Economy
Other Benefits
- Pulls air from outside your home instead of already heated air inside your home.
- Has a longer warranty than a standard water heater.
A Few Tax Details
- Products must be ready and available for use between January 2009 and December 31, 2010.
- Keep your receipts and the manufacturer certification statement.
- Consult your tax professional to clarify how it will affect your tax bill.
Contact a Lohmeyer Plumbing professional to find out if a Tankless Water Heater is right for your home.
