Heat Transfer Products - Manufacturer of High Efficiency Boilers, Water Heaters, Solar Water Heating Systems and Storage Tanks

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Save with Heat Transfer

Tax Credits

Federal Tax Credits

Impact of the American Recovery and Re-investment Act
On February 17, 2009 President Obama signed the American Recovery and Re-investment Act of 2009 into law. With the passage of this new legislation, homeowners who purchase and install a qualifying Heat Transfer boiler or water heater between Jan. 1, 2009 and Dec. 31, 2010 will now be eligible for a tax credit equal to 30% of the full purchase and installation price up to a maximum of $1500. When purchasing a solar water heater you will receive 30 percent off the total, without the limitation of a cap.  In addition, many state and local governments and utility companies offer other incentives or rebates which can potentially further reduce the cost of installing energy efficient products.

Tax Credit Amount

arrow30% of the full purchase and installation price up to a
maximum of $1500 on Boilers or Water Heaters.


arrow30% of the full purchase and installation price
without a limitation cap on Solar Water Heaters.

Effective Dates

arrowJanuary 1, 2009 through December 31, 2010.



Qualifying Heat Transfer Boilers and Water Heaters

 
 
Boilers AFUE BTU Range
Elite   80,000-299,000
Munchkin Contender 93 50,000-120,000
Munchkin 95.1 50,000-299,000
Munchkin VWH 95.1 199,000-299,000
Water Heaters BTU Range Gallon Capacity Range 
Phoenix 100,000-199,000 55-119
Phoenix Evolution 130,000-199,000 55-119
Phoenix Solar 130,000-199,000 80-119



Guidelines

arrowWater heater must be “placed in service” between January 1, 2009 and December 31, 2010.
       (The IRS defines "placed in service" as when the product is ready and available for use.)
arrowWater heater must be installed in or on the taxpayer’s principal residence in the United States.
arrowThe tax credit is ONLY available for existing homes.
arrowThe maximum amount that a taxpayer may claim for all qualifying energy efficient home improvements including the purchase and installation of a water heater is $1,500 over the lifetime of the credit (2009 & 2010).
arrow Water heaters installed in 2008 are not eligible for the tax credit.

How to Claim Your Tax Credit

arrowPurchase and install a qualifying boiler or water heater between Jan. 1, 2009 – Dec. 31, 2010.
arrowFile IRS Form 5695 with your 2009-2010 taxes and consult a tax professional for further details.
arrowRetain your receipt of purchase along with a copy of the Heat Transfer's Certification.
Manufacturer's Certification Statement for Boiler Installations in year 2009-2010pdf
Manufacturer's Certification Statement for Water Heater Installations in year 2009-2010pdf



Frequently Asked Questions?

arrowView questions and answers


Helpful Links For More Information

arrowwww.energystar.gov
(ENERGY STAR is a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy helping us all save money and protect the environment through energy efficient products and practices.)
arrowwww.dsireusa.org
(DSIRE is a comprehensive source of information on state, local, utility, and federal incentives that promote renewable energy and energy efficiency)
arrowwww.aceee.org
(American Council for an Energy-Efficient Economy)





Heat Transfer Products, Inc.
Post Office Box 429
East Freetown, MA 02717
Telephone: (800) 323-9651
Fax: (508) 763-3769

Energy Star IBR Heating School Hydronics Industry Alliance AHRI Member Radiant Panel Association