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Tax Credit Consulting: Tankless Heater Tax Credit Barre VT

The tankless heater is pretty much what the name suggests. It is a water heater without a tank. It uses a lot of energy in short bursts to heat water running through pipes when you really need it.

H&R Block
(802) 479-9100
TWIN CENTER PLAZA SHOPPING CENTER 1284 RTE 302
BERLIN, VT

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H&R Block Inside St Albans Commons
(802) 524-3140
178 SWANTON RD
SAINT ALBANS, VT

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Champlain Tax Service
(802) 863-1040
20 Kimball Ave
South Burlington, VT
 
H & R Block
(802) 879-0683
187 Pearl St
Essex Junction, VT
 
Danaher Attig & Plante PLC
(802) 383-0399
150 Kennedy Drive
South Burlington, VT
 
Jacob Philip H Tax And Business Services
(802) 862-8889
12 Perrotta Pl
Burlington, VT
 
Guinness Tax Service
(802) 658-2132
34 Patchen Rd
South Burlington, VT
 
H&R Block
(802) 863-9999
155 DORSET ST
SOUTH BURLINGTON, VT

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H&R Block Inside The Centre
(802) 388-3190
260 COURT ST
MIDDLEBURY, VT

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Liberty Tax Service
(866) 871-1040
1197 Williston Rd
South Burlington, VT

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Tax Credit Consulting: Tankless Heater Tax Credit

Tankless Heater Tax Credit

Going green has never been so financially positive. The tankless heater tax credit is another example of how reducing your carbon footprint and utility bill can really pay.

What is a tankless heater? Well, go for a stroll around your house. You'll eventually find a device that looks like a small, but fat, missile of some sort. It is usually in the garage, but can be in a closet space if your architect was an idiot. Regardless, that is your water heater. It holds a lot of water as you can see. It constantly is popping on and off as it tries to keep that water at a set hot temperature. This is extremely inefficient and runs your utility bill up to say the least.

The tankless heater is pretty much what the name suggests. It is a water heater without a tank. It uses a lot of energy in short bursts to heat water running through pipes when you really need it. This is still a net energy savings, however, as you don't have the energy waste of a heat continually trying to keep a tank warm. Imagine how cold it gets in your garage and you can get a better idea of how often that heater is coming on.

The new approach makes sense in many ways. Getting people motivated to change to it is a bit more difficult. To give us a prod or two, Congress passed The American Recovery and Reinvestment Act. This is better known as the Stimulus Bill. This bill terminated the $300 tax credit that had been with us for years. Don't fret, it replaced it with something better....

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