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Tom’s Guide
Tom’s Guide
Technology
Millie Fender

$2,000 tax credit for switching to a heat pump water heater is about to end — here's how to claim yours

Heat pump water heater.

Water heaters can guzzle energy a lot of energy, which not only boosts your bills, but also your carbon footprint. Fortunately, heat pump water heaters (HPWH) are a convenient alternative that can keep energy usage, and costs, low. However, if you are considering making the switch, or already eligible to claim, you should act quickly.

Tax credits of up to $2,000 for those who switch to a heat pump water heater are coming to an end on December 31st. This means there's limited time left to take advantage of this saving and reduce the cost of switching to an HPWH.

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