President Obama signed the American Recovery and Reinvestment Act on February 17th. Why does that matter to you? Well, it extended the old homeowner tax credits for energy-efficient home improvements through 2010 and TRIPLED the total available tax credit to 30% That’s not a deduction, it’s a credit that directly reduces the tax amount you pay to Uncle Sam.

The IRS details are written in… well, IRS-speak. What does it mean?  It means that you take up to $1,500 off this year’s taxes if you install one of our tankless water heaters.