Upgrade Your Water Heating Equipment in 2016 for a Tax Credit
Don’t miss your chance to earn a tax credit for enjoying the benefits of a new boiler or water heater.
Whether you got a refund this tax season or had to make an additional payment to the federal government, you were probably left wondering what you can do in the coming year to help reduce your tax burden for 2016.
One possibility is:
Upgrade your home with new energy efficient equipment.
It is a common misconception that the energy efficiency upgrade credits have all expired. This is not true! Last December, President Obama signed a law extending these credits until the end of 2016. This means it is not too late to consider upgrading your home water heating equipment to receive a tax credit.
Contact The Stanley Louis Company for help selecting equipment that will qualify for the tax credit and meet your needs. Some possible options from one of the core brands we carry, Lochinvar, include KNIGHT Residential Gas-Fired Boilers and Residential Electric Heat Pump Water Heaters.
Additional Benefits of New Equipment
Of course, getting a tax credit is not the only reason or even the best reason to buy a new residential boiler or water heater—but it is a welcome bonus.
The real reasons to invest in new equipment include:
Improved Efficiency: Depending on how old your existing equipment is, upgrading to a new model could bring significant improvements in energy efficiency thanks to design improvements in newer models. For example, the KNIGHT residential boiler has a 95 percent AFUE. So while new equipment does carry an upfront cost, you can recoup a lot of this expense in improved efficiency and lower energy bills.
Better Performance: Is your old equipment noisy, unreliable, difficult to operate, and prone to needing frequent repairs or adjustments? End the hassle with new equipment. In addition to being inherently more reliable simply because it is in perfect condition with no wear and tear, new equipment often offers performance enhancements like quiet operation, precision control of thermal output, and even remote connectivity for control and monitoring of the unit.
Longer Service Life: By investing in top of the line new equipment, you are positioning yourself to enjoy many years of efficient and reliable service from your equipment. Newer models are designed with special features to enhance service life, such as improved scaling and rust resistance and thermal shock proofing. Plus, your new equipment will come with a new warranty that can give you peace of mind about your property.
Need Help?
If you would like to learn more about upgrading to a new Lochinvar residential boiler or any other type of water heating equipment, simply call the hot water experts at The Stanley Louis Company at 800-217-6527.