Alert
Close

Watch the NASCAR race on Sunday at Talladega Superspeedway. Join the Drive to End Hunger!

Highlights

Open

You and Your Town Contest-You could win an AARP RealPad

AARP Auto Buying Program

Contests and
Sweeps

$10,000 Winter Escapes Sweepstakes

Beat the cold and cozy up to a chance of winning $10,000! See official rules.

Driver Safety

Piggy bank on the road - AARP Driver Safety

Take the new AARP Smart Driver Course!

AARP Books

Visit the Money Section

Enjoy titles on retirement, Social Security, and becoming debt-free.

Jobs You Might Like

most popular
articles

Viewed

Ask the Experts

Do Solar Water Heaters Get Tax Breaks?

Qualifying systems will bring a 30 percent credit, with no cap on the amount

Q. I'm thinking about installing a solar water heater in my home. Can I get a tax break on it?

New tax breaks for installing solar water heaters

Improve your home's efficiency with a solar water heater and get a tax credit. — Photo by: Getty Images

A. Yes, you can. If you install solar energy systems such as water heaters and solar electric systems, or geothermal heat pumps or wind turbines, you can get a tax credit of 30 percent of the total cost (including labor). The systems must go into service before Dec. 31, 2016.

A previous cap on the dollar amount of the credit no longer applies. For more information, see this U.S. Department of Energy fact sheet.

You may also like: Cut your utility costs. >>

Carole Fleck is a senior editor at the AARP Bulletin.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

The Cheap Life

Jeff Yeager Cheap Life Ultimate Cheapskate AARP YouTube web series save money

Catch the latest episode of The Cheap Life starring Jeff Yeager, AARP's Ultimate Cheapskate. Watch

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Life insurance: you are covered rain or shine

Exclusive annuities for members from AARP Lifetime Income Program from New York Life.

AARP Credit card from Chase

Members can get cash back rewards on purchases with the AARP® Credit Card from Chase.

Homeowners Insurance
Member Benefits

Join or renew today! AARP members receive exclusive member benefits & affect social change.

Rewards for Good

Your Points Balance:

Learn More

Earn points for completing free online activities designed to enrich your life.

Find more ways to earn points

Redeem your points to save on merchandise, travel, and more.

Find more ways to redeem points