Choosing a water heater

The new Energy Policy Tax Incentives Act of 2005 will give homeowners a $300 tax credit on their personal income tax for those who install a high-efficiency gas, oil, or propane water heaters with an energy factor (EF) of at least 0.80.

One company who manufactures a water heater that meets this specification is Noritz.  You can find them at www.noritz.com .      Their list price is $999-1200, for the tankless water heaters, applicable to natural gas, oil, or propane use.

The new Energy Policy Tax Incentives will be in effect from January 1, 2006 through December 31, 2007.   For more information go to www.energy.gov/taxbreaks.htm

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