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Friday, January 28, 2011

Tax Credits Extended

Did you miss out on last year's Energy Tax Credits?? You know, the program where you can receive free money from the government for installing more energy efficient appliances and building materials in your home.

If you didn't take advantage of this last year, 2011 could be YOUR year!

They have extended the 2010 Energy Credits for 2011 -- with a few changes, mind you, but you CAN still get your tax credits for this year and your Utility Provider has some rebate offers for you as well.

So how can you take advantage of this offer??

If you replace your current water heater with a new, energy efficient water heater in 2011, you can receive 10% back as a tax credit for 2011.  (maximum $300.00)

That's not the only way you can put a little cash in your pocket though -- Minnesota utility providers are also offering major incentives to the installation of energy efficient water heaters.  Check out the offers below:

Center Point Energy (2011)
 .62 EF Standard Water Heater  -  $70.00 CPE rebate
.64 EF Standard Water Heater  -  $85.00 CPE rebate
.67 EF Standard Water Heater  -  $100.00 CPE rebate

 Xcel Energy (2011)
.62 EF Standard Water Heater  -  $40.00 Xcel rebate
.64 EF Standard Water Heater  -  $60.00 Xcel rebate
.67 EF Standard Water Heater  -  $120.00 Xcel rebate
.80 EF Standard Water Heater  -  $200.00 Xcel rebate
.82 EF Tankless Water Heater - $400.00 Xcel rebate

That means if you install one of our new 98% efficient Eternal Hybrid Water Heaters in 2011, not only will you save on your energy bills, but you could potentially receive up to $700.00 back in your pocket.  At that rate, it won't take long to earn your money back on a smart purchase.

If you're looking for a good tank water heater, may we recommend a reliable Rheem model?  You can see the energy ratings right on their website, which will make it easier to calculate your savings. 


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    Heating and Plumbing


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