Tankless Tax Credits Renewed!!

Posted on January 1, 2023

Brace yourself, because this one's hard to believe. The old adage that Washington D.C. is the place where good ideas go to die received a surprising rebuttal early this year.

Somehow (whether through divine providence, the enterprising work of some anonymous congressional aide sneaking it in, or even an actual Legislator taking a stand for the people... well maybe not the last one), a stipulation to renew Tax Credits for Highly Efficient HVAC and Water Heating Equipment was inserted into the "fiscal cliff" avoidance deal signed by President Obama on January 2.

Does this mean a new era of bi-partisan reconciliation and problem solving has finally arrived!?! Do we all need to buy extra big, high tensile strength umbrellas because pigs have begun to fly!?! Can we now expect lions and lambs to join together in a plea to stop the violence!?! ... Of course not, because this is the real world and all of that is complete fantasy.

But what it does mean is that with the purchase and installation of a Tankless Water Heater from Low Energy Systems in 2023, you could be ELIGIBLE FOR UP TO $600 IN TAX CREDITS!!! This tax credit is effective for products purchased and installed between January 1, 2023, and December 31, 2032.

Water Heaters (Natural Gas) Tax Credit | ENERGY STAR

So even if you were really looking forward to that lion/lamb peace rally, only to have your hopes dashed at the last minute, take heart. You can still wash away your woes in an endless stream of comforting hot water provided by your reliable Rheem tankless water heater and enjoy a little extra cash in your pocket at the same time (although we do recommend removing your pants before you get in the shower).