Obama’s Stimulus Package Provides Tax Credits for Solar and High Efficiency Hot Water Heaters
The economic stimulus package signed into law by President Obama includes tax credits for solar and high efficiency hot water heaters. The law revived and expanded tax credits for energy-efficient home improvements that expired in 2007, like hot water heaters. Home improvements must be made to primary residences beginning in 2009 to qualify. If you plan to install a new solar hot water heater for your home, you will be eligible for a tax credit of up to 30% of the cost with no caps on th
