TAX CREDIT INFO
Background and Summary:
The American Recovery and Reinvestment Act of 2009 (Recovery Act) signed into law on February 17, 2009, includes a 30% consumer tax credit (up to $1,500 total) for the purchase of new 75% thermally efficient bio-mass burning stoves (i.e. wood pellets and multi-fuels). This is for purchases made from 1/1/2009 to 12/31/2010. The credit can be used towards the stove and installation costs. The credit applies to new equipment, in an existing principle residence, owned and used where the tax payer is the original owner of the stove.
This is a great opportunity for you to save on your heating costs, while using renewable energy resources such as wood or pellets made from lumber by-products.
Several manufacturers offer a variety of products that meet or exceed the Internal Revenue Service (IRS) guidelines, including:
Flame Wood Burning Stoves
X.T.D. 1.5-I
X.T.D. 1.9-I
Flame NXT-I
Flame X.T.D.
Flame X.T.D.
Flame X.T.D.
Flame XLT-I
Flame XVR-I
Flame XVR-I
Flame Pellet Burning Stoves
FP-35 Stove (serial # 441- +)
FP-35 Insert (serial # 441- +)
FP-45 (serial # 1355- +)
Breckwell Wood Pellet Stoves
The Maverick (P22)
The Sonora (P23)
The Blazer (P24)
The Big E (P1000)
The Tahoe (P2000)
The Mojave (P2700)
The Classic Cast (P4000)
Breckwell Wood Pellet Inserts
The Maverick Insert (P22I)
The Sonora Insert (P23I)
The Blazer Insert (P24I)
The Tahoe Insert (P2000I)
Breckwell Multi-Fuel Stoves
The Heartland Multi-Fuel (P6000)
Quadra-fire Pellet Stoves
Santa Fe Series (Pellet Stove, Pellet Insert)
Classic Bay 1200 Series (Pellet Stove, Pellet Insert)
Castile Series (Pellet Stove, Pellet Insert)
Mt. Vernon AE Series (Pellet Stove, Pellet Insert)
EDGE 60 Pellet Fireplace
Quadra-fire Wood Stoves
2100 Millennium Wood Stove
3100 Millennium Wood Stove
4300 Millennium Wood Stove
3100 Step Top Wood Stove
4300 Step Top Wood Stove
5700 Step Top Wood Stove
Yosemite Wood Stove
Cumberland Gap Wood Stove
Isle Royale Wood Stove
2700i Wood Insert
3100i Wood Insert
4100i Wood Insert
5100i Wood Insert
7100 Wood Fireplace
*The 30% tax credit (up to $1,500) is not an instant rebate or product discount. It is a tax credit provided by the IRS as part of the 2009 American Recovery and Reinvestment Act, and is applicable when filing personal income taxes for the 2009 and/or 2010 tax years. Please consult with a tax advisor or the Internal Revenue Code for more information.











