Lopi Stove 1750

It's been along time since I have posted, we sold our house last year, and our new house didn't have a wood stove so we had to heat with propane this winter at the tune of 2.49 gal. With this new tax credit, I'm in the market to buy a new wood stove, and tell my propane supplier to go to hell at those prices, I'm looking at the Lopi republic 1750. We had a Napoleon 1100 in our old house which we loved, but the fire box was to small to achieve good over night burns, I don't want to make any moves until I find out more about this 30% tax credit. I have been watching Lopi's web site and they update some information today on the credit.

What I want to know is, does anyone have any comments good or bad on the Lopi Republic 1750?.

Thanks

The house is a colonial 2 story house, Approx 1450sqft We have a fairly large kitchen that we will be installing the Lopi in. I haven’t been able to find many comments on the 1750.

If it is relatively new to the Lopi line up this would explain not seeing allot of comments on it.

Because of the style of our house and the location of where we want the stove, we will need an external Class A chimney. As much as I would like to keep most of the Class A within the envelope of the house it’s just not practical in our situation. When talking with the dealer they said we had two options on the external chimney one was going with the Stainless finish and the other galvanized finish external chimney other than the obvious looks and price is there any other differences?. The Galvanized finish was several hundred cheaper.

Mark, I am in WNY Wyoming County area. Nice looking used stove, and would probably look at it, if it wasn’t for this new tax credit. Can’t pass up free IRS money.

Cost of Lopi 1750 + Install + Chimney and parts - tax credit = free new Lopi 1750.

I think allot of people selling stoves on the used market will find it tough for the next two years because of this new tax credit.

This is from Energy star

Question - Are installation costs covered by the tax credits?

Answer - Installation costs ARE COVERED for:

HVAC (Heating, Ventilation and Air Conditioning) systems
Biomass Stoves
Water Heaters (including solar)
Solar Panels
Geothermal Heat Pumps
Wind Energy Systems
Fuel Cells
The tax credit for HVAC, biomass stoves, and non-solar water heaters is 30% of the total cost (product + installation) up to $1,500. The law specifies installation costs include: "expenditures for labor costs properly allocable to the onsite preparation, assembly, or original installation of the property."

The tax credit for solar water heaters, solar panels, geothermal heat pumps, wind energy systems, and fuel cells is 30% of the total cost (product + installation), with no upper limit. The law specifies installation costs include: "labor costs properly allocable to the onsite preparation, assembly, or original installation of the property and for piping or wiring to interconnect such property to the home."

Installation costs are NOT covered by the tax credit for:

Windows
Doors
Insulation
Roofs
The tax credit for windows, doors, insulation and roofs is for 30% of the cost of materials, up to $1,500.

Cool.. Thanks for all the info guys.

pearsall , thank you for the info on the 1750. Please right a review on it, I will look forward to reading it.

freonrick said:

I have been researching the tax credit info and I found out that the tax credit is a non-refundable tax credit. Which means if you do not owe any taxes you do not get any back from the tax credit. Example, if you owe 1,000.00 and you have a full 1,500.00 tax credit available you can only use 1,000.00. So if you normally get money back and the end of the year the tax credit will do you no good. So basically you will want to make sure you owe at least the amount of your tax credit to get any benefit from it. That is the way I interpet it, if I am wrong let me know.

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You are correct. If you owe no taxes the credit does nothing for you.