Tax Credits

Federal Tax Credits for Eligible Water Heaters

Federal Tax Credits

THE TAXPAYER CERTAINTY DISASTER AND TAX RELIEF ACT of 2019

The U.S. Internal Revenue Service (IRS) is now providing Consumers with a tax credit on high-efficiency heating and cooling equipment. The Rheem® Air Conditioning Division of Rheem Sales Company, Inc. certifies that the models listed here (if placed in service after December 31, 2017 and before January 1, 2021 in a homeowner’s primary residence) meet the criteria of “Qualified Energy Property” as set forth by Section 25C of the Internal Revenue Code. The maximum amount an eligible homeowner may receive in federal tax credits for purchasing and installing qualifying products, whether those purchases are in the form of upgraded windows, installation, HVAC equipment or other eligible improvements, is 10% of the installed cost, up to $500.

NONBUSINESS ENERGY PROPERTY CREDIT

The U.S. Internal Revenue Service (IRS) is also providing Consumers with a tax credit on high-efficiency water heating equipment. The Rheem® Water Heating Division of Rheem Manufacturing Company certifies that the water heating models listed here meet the criteria for the credit of $300 for ENERGY STAR® certified gas water heaters with
UEF>=0.82 or Hybrid Heat Pump Water Heater with UEF>=2.2.

Note: State, Local and Utility rebates may still be available in your respective markets for residential energy products. Please visit the “Rebate Center” for a list of energy efficiency tax credits by State.

Please check out Rheem's website for full details:

https://www.rheem.com/federal-tax-credit/