For a homeowner, which I currently am not but hope to be in the future, one of the more energy intensive tasks is heating and cooling. There are a number of different devices and technologies available to heat and cool the air and water supplies in a home, but most American households have central water heaters, fueled by either electricity or natural gas.
A new water heater can cost you between $500 and $3000 dollars off the shelf including installation, but Americans may qualify for up to $500 in federal tax credits, in addition to possible rebates from your electric company for the old water heater (anywhere from 100 dollars up), state tax incentives or grants, or in the worst case the scrap metal value of the old tank.
If you are curious as to whether or not you qualify for any additional credits and rebates, take a look at the national Database of State Incentives for Renewables and Efficiency, available online at Database of State Incentives for Renewables & Efficiency | Department of Energy
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