The term "fiscal cliff" is one most people have become familiar with throughout the last several months. With the reinstatement of the homeowner tax credit, an additional emphasis has been placed on energy-efficient upgrades and their financial benefits to homeowners.
One of the many products that pay homeowners back both in the short term—a $150 tax credit—and the long run—lower monthly energy bills—is a boiler. Want to learn more about the benefits of boilers? Read more here.
What a number of people don’t know is that the residential boiler industry was recently affected by an error in the Department of Energy’s AFUE calculation. Without getting to deep in the weeds, basically boiler manufacturers had three choices, one of them being to re-test their boilers’ AFUE rating with the corrected calculation. Why is this pertinent? Because an AFUE rating is what qualifies a boiler for a homeowner tax credit.
So, homeowners looking to add a boiler for their heating-only or heating and hot-water needs and reap the benefits of the tax credit must understand the AFUE rating minimum required—95 percent. Meaning that 95 percent of the boiler’s fuel energy is converted to heat.
Luckily for homeowners, after recent testing the Rinnai Q Series, Q Premier Series and E Series Boilers all exceeded the required AFUE ratings. In fact, the Rinnai E Series Boilers are the most efficient combi—space-heating and water-heating—boilers on the market today! And, Rinnai’s full line of boilers provides unprecedented comfort and unparalleled energy savings—something all homeowners can feel warm and cozy about, literally!
In a Few Simple Steps
What makes this deal even sweeter? Filing for the tax credit is a simple as filling out IRS Form 5695.