ALPHARETTA, GEORGIA. (October 21, 2010) — Pete’s Plumbing Inc., a family-owned and operated full-service residential and commercial plumbing company that serves Alpharetta, Georgia and nearby areas, announced that it can help homeowners take advantage of the $1,500 federal tax credit now available for tankless water heater installation before the credit ends on December 31, 2010.
This tax credit is part of the American Recovery and Reinvestment Act of 2009 that was intended to encourage homeowners by making numerous energy-efficient home improvements to their home, including specific residential water heaters and boilers. Recently, the tax credit was expanded until the end of 2010. The tax credit has also been increased from 10% to 30% so that specific tankless water heater will be eligible for a tax credit of 30% of the full purchase and installation price up to a maximum of $1,500.
Julie Lippitt, President of Pete’s Plumbing, said, “We’ve had numerous residential customers already take advantage of this tax credit, which is very helpful in offsetting some of the costs involved with installing more eco-friendly plumbing devices. Best of all, the customers will continue to receive cost-savings over the long term with the money they will save on energy and heating costs, providing an excellent return on investment for them and an extra incentive for those who may purchase the home in the future.”
There are a number of guidelines to remember in order to qualify for this tax credit:
To claim the tax credit, get a tankless water heater installed before December 31, 2010. Save the proof of purchase and manufacturer’s certification statement. When filing a tax return for 2010, be sure to use IRS Form 5695 or consult a tax professional for further details about how to apply for this tax credit. Further information about his homeowner tax credit as well as others that may be available can be found at: www.energystar.gov. Be sure to also contact Pete’s Plumbing to schedule a tankless water heater installation and learn more about this valuable homeowner tax credit.
About Pete's Plumbing, Inc.
Pete’s Plumbing, Inc. offers a full-range of plumbing services to homeowners and businesses in Georgia, including Alpharetta, Atlanta, Brookhaven, Buckhead, Buford, Crabapple, Cumming, Dawsonville, Marietta, Milton, Roswell and Sandy Springs. The company is owned and operated by Rick and Julie Lippitt. As a second generation family business, the professionals behind Pete’s Plumbing have over 50 years experience and provide service-focused, professional and dependable plumbing services as well as traditional and environmentally-friendly plumbing products. For more information, please visit www.petesplumbinginc.com.