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$300 Tax Credit for 2011

Post in 'The Hearth Room - Wood Stoves and Fireplaces' started by Village Idiot, Sep 15, 2011.

  1. Village Idiot

    Village Idiot Burning Hunk

    Joined:
    Sep 10, 2011
    Messages:
    120
    Loc:
    No. Va.
    I am looking for some opinions on taking the $300 Tax Credit for 2011.

    One of the goals of the tax credit is to encourage people to save energy by using renewable resources. Specifically, the credit is not for new construction. Sadly, here is where I now find myself:

    This year I tore down my existing 1950's residence with its leaky windows and doors, 1975 Sears & Roebuck gas furnace and A/C, and poor insulation. I replaced that house with a new, much more energy efficient house with an EPA certified fireplace (Quadrafire 7100). It is kind of like I did the ultimate remodel. But sadly, no $300 for me.

    Of course, $300 pales in comparison to the benefits and savings I will enjoy with a new house, but it is still $300. I am a born and raised New England Yankee (put that on my census questionnaire) and always like to save a buck. Heck, two-ply toilet paper is great because if you separate the plies, it is really two rolls in one.

    Oh well, I still feel that I got a great deal on my house and am just a bit envious of those of you that get to take the credit.

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  2. shawneyboy

    shawneyboy New Member

    Joined:
    Oct 5, 2010
    Messages:
    1,592
    Loc:
    NE PA
    Sucks that you can't take the credit. I was able to get 1500 on my stove, bought in 2010. That made the purchase that much better.

    Shawn

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