Tax Deduction?

[CTBurner]

Can A new efficient wood stove be a tax deduction?

 

[Bad Wolf]

Don't know about the Feds's but CT has a rebate program for high efficiency oil and gas boilers. Up to $500 if they are over 84%
I'm going to see if my TARM 2000 oil/wood furnace qualifies.
House bill HB0743208629HDO
Greg H

 

[fossil]

The state of Oregon will grant a one-time tax credit in the year of installation, provided the stove's listed & approved, the installtion is professionally done and inspected, and the stove is fitted with an outside air kit (OAK). I'm not aware of anything offered by the IRS. Rick

 

[the_dude]

I just reviewed form 5695 on the IRS website. This form is used for the Residential Energy Credits. In my opinion, a high efficiency wood burner does not qualify for the credit. It's a good thought, as I have just had a high efficiency fireplace installed. Unfortunately, it doesn't appear to qualify.

 

[clamp01]

I found this link: http://www.pelletheat.org/2/index/bass.html

 

[Woods Dweller]

Mr. Dude,
What did you have installed and how do you like it?
I'm trying to decide on which model to go with right now.
Thanks,.

 

[stanleyjohn]

Dont think there is! but i think there should be a tax cedit for alternative fuels.I got a nice chunk of change when i got my prius!there should be more for using less oil.Give us a break instead of the arabs.

 

[the_dude]

Mr. Dude,
What did you have installed and how do you like it?
I'm trying to decide on which model to go with right now.
Thanks,.

I ended up with a Kozy Heat Z42CD. I researched many fireplaces, and ended up with the Kozy Heat for a couple of key reasons, but the main one being it was the only high effeciency I could find that did not require me to move my mantle. I haven't tried it yet as it is summer, but it sure looks nice!

 

[Wet1]

Don't know about the Feds's but CT has a rebate program for high efficiency oil and gas boilers. Up to $500 if they are over 84%
I'm going to see if my TARM 2000 oil/wood furnace qualifies.
House bill HB0743208629HDO
Greg H

Hi Greg, could you please post a link for the CT tax rebate / credit? I'm about to install two boilers and I suspect this is something I might be able to take advantage of...

 

[Bad Wolf]

Try this

http://www.cga.ct.gov/2007/AMD/H/2007HB-07432-R00HA-AMD.htm


Greg H

 

[Wet1]

Great, thanks!