Seattle Plumbing Water Heater Rebates
Water heaters are typically the largest user of fuel after space heating. The percentage of total fuel used for domestic water heating has been going up over the last ten years because homes tend to be better insulated than they used to. The more you know about your water heating options the better you can make the right decision about the type of water heater you need.
Rebates and Tax Incentives
These can save you big bucks on new equipment and fuel!
Puget Sound Energy Rebate
Get paid to save energy!!! Up to $1100 off of conversions from electric to gas water heaters for qualified customers! plus $300 in federal rebates for tankless installations!!
As of 2/11/09, customers of Puget Sound Energy who currently have an electric water heater may receive $950 in rebates from PSE if they convert their electric water heater to gas. In addition, for those converting to a tankless water heater, you may be eligible for an additional $150 credit from PSE. Or, if you are converting to an energy star storage type gas water heater you are eligible for another $50 in savings.
Combine this with the $300 federal tax credit and that means $1,400 in savings available for installing a tankless water heater if you are converting from electric!
Commercial PSE users - Check out their grant program! Commercial PSE Grants
Federal Tax Credit
On February 17, 2009 the American Recovery and Reinvestment Act of 2009 established federal tax credits of 30% of the total cost of purchasing and installing a tankless water heater with a maximum credit of $1,500. In order to qualify, the home owner must install a tankless unit of .82 efficiency or higher. This substantially lowers the payback period for installing a tankless water heater. Further, the tax credit is a "credit" rather than a "deduction" on federal taxes which means that it reduces the homeowner's taxes dollar for dollar.
ENERGY STAR® qualified natural gas furnace rebate
Puget Sound Energy is making it more beneficial for you to buy a new ENERGY STAR qualified natural gas furnace. First, there's the $350 rebate. Second, there's the comfort of knowing that your new energy-efficient natural gas furnace will keep saving you money all winter long through lower energy bills.
ENERGY STAR qualified natural gas furnaces
* Can save you about $97 annually in heating costs compared to a standard efficiency furnace.
* Helps the environment by using less energy and limiting the need for more power plants.
* Pays for itself through lower energy bills and the rebate bonus.
Fuel conversion rebate
If you're currently heating your home with electricity from PSE, you may be eligible for up to a $3,950 rebate to switch your home and water heating source to reliable and affordable natural gas. Click here for more information about PSE's fuel conversion rebate.
Water Heater Pricing PageCheck out gas vs electric costs