$2,000 Tax Credit For Heat Pump Water Heaters Is Going Bye Bye In 90 Days - CleanTechnica

The article from CleanTechnica highlights that the $2,000 tax credit for heat pump water heaters (HPWHs) is set to expire in 90 days due to recent Republican legislation. This tax credit, which covers 30% of the installed cost of a HPWH, has been a significant incentive for homeowners to replace traditional water heaters with more energy-efficient and environmentally friendly heat pumps. With average installation costs around $4,700, the credit could reduce expenses by approximately $1,410, and it can be combined with additional local utility rebates to further lower costs. The article urges homeowners to act quickly to install HPWHs before the end of the year, noting that unlike solar panels, HPWH installations typically have shorter wait times and can be completed within three months. It also provides guidance on choosing models, recommending that those using contractors select familiar brands, while DIY installers often opt for Rheem or A. O. Smith models available at major retailers. The piece includes resources for finding