Tax Credit…A. O. Smith
Beginning on Feb., 17, the water heater must have at least a .82 Energy Factor (EF) rating or 90% thermal efficiency to qualify. The credit is subject to a combined $1,500 maximum per homeowner for all improvements eligible under the new law. The $1,500 credit is a cap on the combined amount that can be taken in tax years 2009 and 2010.