News
News Postings ( View All )
We want to help you control your heating costs -
and so does Uncle Sam
$1,500 Tax Credit* Purchase a 75%-efficient wood or pellet-burning stove and receive a 30% U.S. federal tax credit for up to $1,500.
The 2009 Economic Stimulus legislation signed into law on Feb. 17, 2009, by President Obama includes a 30% tax credit (up to $1,500) for homeowners who purchase a 75%-efficient biomass-burning stove in 2009 and 2010. This tax credit will help homeowners save on energy costs while utilizing renewable, biomass fuels such as wood, pellets and corn.
The new tax credit takes affect immediately and also applies to qualifying stoves already purchased in 2009. The IRS has determined that the following products will meet or exceed the guidelines*:
|
Brand |
|
|
|
|
Advance |
Pellet Stove |
|
Accentra Series |
Pellet Stove and Pellet Insert |
|
P38 |
Pellet Stove |
|
P43 |
Pellet Stove |
|
P61A |
Pellet Stove |
|
P68 |
Pellet Stove |
|
PC45 |
Pellet/Corn Stove |
|
Oakwood |
Wood Stove |
|
TL300 |
Wood Stove |
|
HydroFlex60 |
Pellet Boiler |
|
PB105 |
Pellet Boiler |
|
PF100 |
Pellet Furnace | |
|
|
|
Northstar |
EPA Wood Fireplace | |
|
Click on Model Name to Right
for Official Hearthstone Tax Certificate |
|
|
|
|
F 602 CB |
Wood Stove |
| F 100 Nordic QT |
Wood Stove |
| F 3 CB |
Wood Stove |
| F 400 Castine |
Wood Stove |
| F 118 Black Bear |
Wood Stove |
| F 500 Oslo |
Wood Stove |
| F 600 CB Firelight |
Wood Stove |
| C 350 Winterport |
|
| C 450 Kennebec |
|
| C 450 SD Kennebec |
|
| C 550 Rockland |
Wood Insert | |
|
|
|
F1100 |
Wood Stove |
| F2400 |
Wood Stove |
| F3100 |
Wood Stove |
| S2400 |
Wood Stove |
| H200 |
Wood Stove |
| H300 |
Wood Stove |
| I1100 |
|
| I1200 |
|
| I2400 |
|
| I3100 |
|
| H2100 |
Wood Insert |
| HI200 |
Wood Insert |
| HI300 |
Wood Insert |
| FP90 |
Wood Fireplace |
| GF55-GFI55 |
Pellet Stove/Insert | |
Q. What if I have more questions about the tax credit?
A. Download the IRS Guidance on Tax Credit information and see our extended FAQ for more information.
* Depending upon final implementation of the American Recovery and Reinvestment Act of 2009 by the Internal Revenue Service. Please consult with a tax advisor or the Internal Revenue Code.
|