Depending on what state you live in will determine the actual amount of money that you will receive from the stimulus rebate program which many people are also calling cash for appliances. This money for this program is expected to run out by the end of November 2009, so now is the time to start thinking if you are going to actually have your water heater replace and what brand of water heater your going to buy. The new hot water you buy will have to be energy efficiency and be part of the energy star program in order for you to qualify for the water heater stimulus money. There are many different brands of energy efficient appliances, water heaters, that will qualify for this rebate program, so make sure you shop around for the best price and start looking now at the stores that are near you. You may also want to ask the local plumbing supply or home center where you will be buying you hot water heater, how many they have in stock, because when this “cash for appliances” rebate program starts people will be shopping and you want to be sure to be one of them that is able to take advantage of this stimulus money to replace the water heater. If you are not sure what brand of water heater is right for you then you should look at the latest water heater reviews to compare features, specs and off course make sure that the new water heater you are looking to purchase is within your price range. The average price of a hot water heater can vary depending on the brand of the water heater, the size of the water heater and off course also the fuel type.
my sister just bought one on monday the 25 of Jan – is she still eligible for the stimulus and if so how will it work for her ?….She purchased her hot water tank through their oil man and paid $1800.00 for it.. At this time as I write I do not know the brand name… please advise any and all information
thank you in advance for your help
Angela Ashford
Hi Angela,
I can’t say for certain without checking your states rebate program details such as the dates of the programs and what water heaters are covered in your states rebate program. I believe most of the emphasis of the rebate programs for water heaters are in the direction of heat pump electric water heaters and high efficiency gas water heaters but as I stated earlier you need to check your states individual program coverage.
In some cases heating system appliances may have coverage under the weatherization assistance program depending on your sisters income level which determines eligibility for the program.
She may also be eligible for a 30% tax credit up to $1500 which should also be investigated.