Edmond Air Conditioning, Heating and Plumbing

Time is running out!

Congress has extended the tax credit available to purchasers of highly efficient water heating products for another year. For 2011, consumers can take a 10% tax credit, up to $300, for qualifying water heaters. This extension runs until the end of the year.

The tax credit cap has been reduced from $1,500 to $500 ($300 for water heaters). This cap is on the total amount of credits a homeowner can claim from 2006 through 2011. If homeowners have already claimed over $500 worth of credit through those years, they would be unable to do so for 2011.

Qualified Brands

If you are in the market for a new water heater, we have compiled a list of quality suppliers with approved units.

• Bradford White Qualiying Units
• State Qualiying Units
• Navien Tankless Units

Steps to Get Your Rebate

Please consult a tax professional for additional information regarding the tax credit.

1. Purchase and install a qualifying model between January 1, 2011 and December 31, 2011.
2. Retain your receipt of purchase.
3. Print off the Manufacturer’s Certification Statement: State / Bradford White / Navien
4. Use IRS Tax Form 5695 from 2010 which will be available in 2011.
5. File 2011 taxes in early 2012 to claim.