Get a new hot water heater for free?

I was really excited to hear about the federal tax credits available for improvements that you make to your home in 2009. If you are looking at doing some home improvements (windows, insulation, water heaters, stoves) you should check to see if they qualify for a tax credit.


We are going to replace our 20 year old hot water heater. By getting one that meets the requirements, we will get a $300 federal tax credit plus we can get a $60 credit from Mission Valley Power for installing an energy efficient water heater. The hot water heater will cost approximately $350. So after the tax credit and energy rebate from the power company, it's purchase price is entirely covered and we get the energy savings that comes with a much more efficient hot water heater.


Get the complete details at http://www.energystar.gov/index.cfm?c=products.pr_tax_credits