Federal TAX credit

The American Recovery and Reinvestment Act of 2009 signed on February 17, 2009, by President Obama has made significant changes to homeowner tax credits for specified energy-efficient home improvements including qualifying, residential water heaters.

The tax credit for qualifying water heaters has been modified from $300 to 30% of the full purchase and installation price up to $1500.

The tax credits for 2009 have been extended through Dec. 31, 2010.

The maximum tax credit amount a homeowner can receive for all qualifying home improvements has been raised from $500 to $1500 over the lifetime of the credit (2009-2010).

If want to learn more about homeowner tax credits please visit

www.energystar.gov/index.cfm?c=products.pr_tax_credits#c4

www.energystar.gov.