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Tax Credits renewed!-Wood and Pellet Stoves

Post in 'Hearth Industry Press Releases' started by webbie, Jan 2, 2013.

  1. webbie

    webbie Seasoned Moderator Staff Member

    Joined:
    Nov 17, 2005
    Messages:
    12,273
    Loc:
    Western Mass.
    http://www.forgreenheat.org/blog.html

    Wednesday, January 2, 2013

    Federal Tax Credit for Wood Stoves Reinstated


    Yesterday, Congress passed a bill addressing parts of the Fiscal Cliff, and it included a one-year reinstatement of the $300 tax credit for biomass heaters that are 75% efficient using lower heating value. Another provision of the bill extended the wind production tax credit for one more year.
    -------
    Note that many states also have additional tax credits. Mass, for instance, has this new one for change-outs of older stoves.
    http://www.mass.gov/eea/pr-2012/woodstove-trade-in-program-for-new-clean-stoves.html
    DIY_HOME, smokinj, tbuff and 6 others like this.

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