This is the boon time for green energy providers and builders. President Obama is a big proponent of the alternative energy and smart energy. Learn how you can get the maximum benefit out of it.
If you had to askÂ me, I would say now is the time to do away with the tanks. Go Tankless! I am going to list the rebates, tax credits, and the thing that beats them all, The American Recovery and Reinvestment Act aka Stimulus Bill which provides the best incentive in years to save money in the long run by going green and by reducing your carbon foot print.
In the new Stimulus Bill, following things are covered which would make any environment concerned person go green with pride, so check them out:
* Tax credits that were earlier getting over in 2009 will now be extended until 2009 year end.
* The amount of tax credits have been updated from 10% to 30%.
* Instead of limiting the tax credits to absolute numbers, now they will be percentage points. (ex: $300 for tankless water heaters), similarly tax credits have been pushed to 30% of the cost.
* Still the maximum value of credit has been raised from $500 to $1500, so its been limited to the upper amount but otherwise percentage points would come into effect;
However some heavy duty improvements for example big ticket items such as geothermal heat pumps, solar water heaters, and solar cell panels will not be limited by the $1500 maximum.
Tax credits are available to American consumers for 30% of the cost, up to $1500, in 2009 & 2010 (for existing homes only) for:
* Water Heaters, Tankless Water Heaters (non-solar)
* Windows and Doors
* Roofs (Metal & Asphalt)
* Biomass Stoves
Tax credits are available at 30% of the cost, with no upper limit through 2016 (for existing homes & new construction) for:
* Solar Water Heaters
* Solar Panels
* Geothermal Heat Pumps
* Small Wind Energy Systems
* Fuel Cells
If you live in US, here is how you can ensure you get your tax credit:
* Only qualifying tankless water heater companies are covered in this program.
* You would need a manufacturerâ€™s Certification Statement.
* Save your receipts and Manufacturerâ€™s Certification Statement for tax purposes.
* Make sure you use IRS Form 5695.
* Improvements must be â€œplaced into serviceâ€ (this generally refers to the installation, not the purchase) within the specified dates. I like this clause.
Who makes the best tankless water heater
In this case, my clear winner would be the Takagi with the other company Paloma coming in second. You could search all over the net for different reasons but this is what I would use.
Wholesale tankless water heater distribution
There are couple of vendors here, and I will list a few. Americcan Tankless, Sierra Solar, At House Inc, AV Water Heaters and Plumbing, Big Bear Handyman. So if you go by these company names, I am sure you would find one which fits your needs. If you are a vendor, mentionÂ you compan name in the comments section and I will add it here.
Rennai tankless water heater great bridge
Here is how a friend described the process and cost of installation – The building contractor will be implementing the heater in the free space and venting through a brick/cinderblock wall. The gas tank will be situated on the other side of the house. The estimate provided by the contractor are in the range of $2500 for the complete installation. Also, there would be a 1500 dollars waterless tankless Tax credit as per the just passed stimulus bill.
How to build natural gas tankless water heater
You are kidding me right? Why would you want to build this anyway? Its like trying to search how can I build the Manhattan project in my garage. Forget it.
Any other questions, just let me know.