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Tax Credit Consulting: Tankless Heater Tax Credit Winston Salem NC

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
(336) 722-1043
1485 NEW WALKERTOWN RD
WINSTON SALEM, NC

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Liberty Tax Service
(866) 871-1040
3601 N Patterson Ave
Winston Salem, NC

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H&R Block
(336) 784-9383
3541 pkwyVILLAGE circle
WINSTON SALEM, NC

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Phipps, Mack W CPA PA
(336) 659-0006
250 Executive Park Blvd Ste 110
Winston Salem, NC

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Liberty Tax Service
(866) 871-1040
3290 Silas Creek Pkwy
Winston Salem, NC

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Taxaco
(336) 661-1770
3507 NE Patterson Ave
Winston Salem, NC

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Jackson Hewitt
(336) 724-1242
1081 Silas Creek PKWY
Winston-Salem, NC

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Liberty Tax Service
(866) 871-1040
1111 Silas Creek Pkwy
Winston Salem, NC

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H&R Block
(336) 659-7248
3320 SILAS CREEK PKWY
WINSTON SALEM, NC

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Jackson Hewitt
(336) 760-1530
313 Jonestown Rd
Winston Salem, NC

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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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