Dive summary:
- Earlier this year, the federal government renewed energy tax credits that create incentives for installing energy-efficient appliances such as water heaters and furnaces.
- Legislation passed this year keeps credits for installations in 2012 and extends them through this year.
- Builders, contractors and developers can claim business-tax credits of up to $2,000 for homes in which heating and cooling systems cut 50% from what the 2006 International Energy Conservation Code required.
From the article:
The 2006 IECC code requirements can be met, in part, by using high-efficiency space and water heating including propane-fueled furnaces, boilers, and tankless water heaters ...
