Tankless Tax Credits 2016

Federal Income Tax Credits for Energy Efficiency

A number of tax credits for residential energy efficiency have been renewed. These tax credits are available for purchases made in 2016, as well as retroactive to purchases made in 2015. ENERGY STAR products eligible for tax credits are independently certified to save energy, save money and protect the environment. Use up to 30% less energy in your home by outfitting it with ENERGY STAR products available across more than 70 categories.

2016 Federal Tax Credits

Tax Credit: 10% of cost up to $500 or a specific amount from $50-$300.
Expires: December 31, 2016
Details: Must be an existing home & your principal residence. New construction and rentals do not apply.

$300 US Federal Tax Credit

How does this energy efficient tax credit apply to Rinnai, Rheem and other tankless products?

Tankless Water Heaters with an energy factor of at least 0.82 may qualify for a $300 US Federal Tax Credit.

What does this mean for a Boulder County household that wants to install a tankless water heater?

If you purchase a qualified Tankless Water Heater between January 1, 2015 and December 31, 2016, you may be eligible to claim the federal tax credit.

How do you claim your tankless water heater Federal Tax Credit?

Download and save the Manufacturer’s Certification Statement along with a copy of your proof of purchase.


When filing your taxes, use IRS Form 5695.

Important Information

There are requirements and limitations to qualify for the Federal Tax Credit. In assessing the applicability of the tax credit to your purchase, we recommend that you consult with a tax professional to confirm you meet all requirements.

Hours & Contact Info

Contact King Rooter & Plumbing
Boulder: (303) 949-2593

Office Hours: Monday – Sunday: 7am – 9pm
Emergency Service: 24 Hours, 7 Days