February 25, 2020
PEACHTREE CITY, Ga., Feb. 25, 2020 /PRNewswire/ -- Rinnai America Corporation, manufacturer of the number-one selling brand of Tankless gas Water Heaters in North America, announces the extension of Federal Tax Credits for residential energy efficiency products for their customers; qualifying products include tankless water heaters and boilers.
Homeowners who have made energy-efficient improvements, including an upgrade to a Rinnai Tankless Water Heater, may qualify for a $300 US federal tax credit known as the Nonbusiness Energy Property Credit. For a tankless unit to qualify, it must have a Uniform Energy Factor (UEF) of at least 0.82 – all Rinnai condensing tankless water heaters and the V94Xi non-condensing tankless water heater qualify.
In addition, homeowners may qualify for a $150 US federal tax credit with a an installed Rinnai Condensing Boiler. All Rinnai Boilers meet the Annual Fuel Utilization Efficiency (AEUF) rating requirement of at least 95 percent.
The tax credit is retroactive, and products must have been purchased between January 1, 2018 and December 31, 2020.
When claiming your tax credit, you will need to obtain a Manufacturer's Certification Statement from Rinnai - download statement.
For more information about this tax credit, as well as instructions on how to claim the tax credit, visit the Energy Star Website.
Media Contact:
David Federico, Rinnai America