The Federal Tax Credits Blog

Question: Does anyone know of an electric water heater that will qualify for the federal tax credit?

I need to buy a new water heater and it has to be electric. The way I am reading the requirements to be eligible for a tax credit, the electric water heater has to have an Energy Factor of 2.0 or greater. I’m not finding any electric water heaters with an Energy Factor above 0.98 though. Any specific brands and model numbers of a qualifying electric water heater will be greatly appreciated.
I appreciate the answers. Thanks for your help.

Answer: I couldn’t find any, either. Nor could I find any tankless water heaters that are energy star compliant, so there goes that theory. If you can’t meet the federal requirement, check with your municipality and state. Many have rebate programs of their own that will gain you real dollars instead of a tax credit.

JARDINE: Harnessing nature to power life

Some folks talk a good game when it comes to protecting the environment. Recycle? Of course. Then they throw the bags of soda cans and plastic bottles into a bin and drag it out to the curb for pickup, leaving it just a few feet away from the 14-mpg SUV parked in the driveway.

Polaris High Efficiency Water Heaters – Tax Credit Info

Question: Will the Republicans keep their word and vote for the deal with President Obama?

Consider that they have not kept one single deal they have brokered with President Obama or the Democrats since they took office in 2009. They broke the deal on Credit Card Reform. They broke the deal on Health Care Reform. They broke the deal on Finance Reform. They broke the deal on tax relief for the real small businesses. They even broke the deal they made earlier this year on passing the extension of the Bush Tax cuts, what makes anyone believe that the House and Senate Republicans will actually keep this deal?

Answer: Obama is much smarter then most give him credit for, he knows what he is doing. Just watch the show for the next 2 years.

Fitch Rates Utah $635MM GO Bonds ‘AAA’; Outlook Stable

Fitch Ratings assigns an ‘AAA’ rating to the following General Obligation bonds of the state of Utah:

Part 5: 2010 Housing Market Leading Indicators, presented by Altos Research

South Jersey Gas pushes rate reduction

South Jersey Gas has proposed a rate reduction that would save residential customers on average 4.3 percent on their natural gas bills. SJG has filed petitions with the New Jersey Board of Public Utilities that will lead to an overall decrease of $5.94 on a 100-therm monthly natural gas bill.

Homebuyer Tax Credit Extended, Current Homeowners Eligible

FP Newspapers Inc. Reports First Quarter 2011 Results

WINNIPEG, MANITOBA– – FP Newspapers Inc. formerly FP Newspapers Income Fund announces financial results for the quarter ended March 31, 2011. FPI is the successor to the business of the Fund.

TYT Episode For December 21, 2009