New tax credits for 2021

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Hotdamn

New Member
Jan 4, 2021
5
Southwest wa
Hello, I have a new blaze king princess insert ordered and is scheduled to deliver mid January. I heard rumor the new federal tax credit for wood stoves is 26 percent of the purchase price plus install as opposed to the old flat rate of $300. Can anyone confirm that? Also, is the chimney liner price included in that. Thanks for any quality feedback.
 
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Last I knew it wasn’t official yet but probable
I think the last step was the prez needs to sign
 
I think 50ish but I’m not sure - suffice it to say it’s a fair number
You can go on the epa site and do a search sorted by efficiency for the full list

Do you happen to have a link handy for the list? I can’t seem to find it. Curious to see if the Travis Industries Large Flush inserts are on there.
 
I looked and the lopi endeavor is at 74 percent efficiency so that wouldn’t qualify correct?
 
ModelManufacturerFirebox VolumeEmission Rate (grams/hr)Heat Ouput Range (BTUs)Heat Output Upper (BTUs)Heat Output Lower (BTUs)Efficiency
F3500FPI/Regency Fireplace Products
3.04​
0.9​
36174-10704
36174​
10704​
81​
King KE40Blaze King Industries, Inc.
4.35​
1.1​
34985-11690
34985​
11690​
81​
Green Mountain 80 8680Hearthstone Quality Home Heating Products Inc.
3.16​
0.67​
33396-15069
33396​
15069​
81​
K-180 Series Aspen LE, Tamarack LE, Aberdeen LE, and Alpine LE Kuma Stove And Iron Works
1.74​
0.72​
32121-10614
32121​
10614​
81​
Model 91New Buck Corporation (Buck Stove Corp.)
2.61​
1.9​
62745-10367
62745​
10367​
80​
202 Palladian, 204 KeystoneWoodstock Soapstone Company, Inc.
1.4​
0.85​
46437-9989
46437​
9989​
80​
Princess PE32 Blaze King Industries, Inc.
2.91​
0.4​
31478-10200
31478​
10200​
80​
F5200FPI/Regency Fireplace Products
4.42​
0.9​
47081-16648
47081​
16648​
80​
2B Standard 2020Morso Jernstoberi A/S
0.69​
0.55​
25299-6959
25299​
6959​
80​
Montecito Estate CAT and WCT6940WSInnovative Hearth Products
1.3​
39519-13899
39519​
13899​
79​
Green Mountain 60 8660Hearthstone Quality Home Heating Products Inc.
2.03​
0.6​
33576-12608
33576​
12608​
79​
K-250 Series Ashwood LE, Wood Classic LE, Cambridge LE, and Cascade LE Kuma Stove And Iron Works
2.5​
1.1​
30308-11196
30308​
11196​
79​
212N Navajo Hybrid Wood/Coal, 212S Survival Hybrid Wood/CoalWoodstock Soapstone Company, Inc.
1​
27294-15332
27294​
15332​
79​
Green Mountain 40 (8640), Craftsbury 2 (8392)Hearthstone Quality Home Heating Products Inc.
1.32​
1.1​
31581-13876
31581​
13876​
79​
F1500 and I1500FPI/Regency Fireplace Products
1​
20386-14244
20386​
14244​
78​
Large Flush Wood Hybrid Fyre InsertTravis Industries, Inc
2.8​
1.9​
57628-10710
57628​
10710​
78​
F 500 V3Jotul North America (Jotul U.S.A., Inc.)
2.41​
0.5​
38804-14001
38804​
14001​
78​
Manchester 8362Hearthstone Quality Home Heating Products Inc.
2.45​
0.65​
33038-14111
33038​
14111​
78​
Vermont Castings Defiant 1975-CAT-C Hearth and Home Technologies
1.31​
1.3​
25471-11974
25471​
11974​
78​
Vermont Castings Dauntless Flexburn Catalytic ModelHearth and Home Technologies
1.82​
1.2​
41943-14518
41943​
14518​
78​
205 Fireview CatalyticWoodstock Soapstone Company, Inc.
1.85​
1.1​
46460-7606
46460​
7606​
78​
Charnwood Skye E700A. J. Wells and Sons LTD
0.82​
2.5​
31943-11128
31943​
11128​
78​
209a Progress HybridWoodstock Soapstone Company, Inc.
2.8​
0.63​
47220-13149
47220​
13149​
78​
Sirocco SC25, Ashford AF25, Boxer 24 (BX24)Blaze King Industries, Inc.
2.3​
0.9​
26290-10097
26290​
10097​
77​
Absolute Steel Hybrid 211Woodstock Soapstone Company, Inc.
0.5​
45317-14426
45317​
14426​
77​
Farringdon 16ARADA STOVES Ltd.
1.5​
27025-8928
27025​
8928​
77​
Kiwi VcV 2.1EcoVision Ltd.
1.3​
28800-12800
28800​
12800​
77​
Ashford AF20.2, Chinook CK20.2, and Sirocco SC20.2 Blaze King Industries, Inc.
1.82​
0.73​
29785-8900
29785​
8900​
77​
Castleton 8031Hearthstone Quality Home Heating Products Inc.
1.9​
0.7​
24292-13781
24292​
13781​
77​
210a Ideal Steel HybridWoodstock Soapstone Company, Inc.
3.22​
0.89​
43263-9324
43263​
9324​
77​
Heritage 8024Hearthstone Quality Home Heating Products Inc.
2.18​
0.54​
35845-12317
35845​
12317​
77​
Vermont Castings Encore 2040-CAT-CVermont Castings
2​
1.1​
37102-12879
37102​
12879​
77​
Vermont Castings Dauntless FlexBurn ModelHearth and Home Technologies
1.82​
1.1​
49428-12252
49428​
12252​
77​
6140 B, 6143 B, 6148 B, and 6170 B Morso Jernstoberi A/S
0.505​
0.67​
38107-15043
38107​
15043​
77​
Lopi Cape Cod Hybrid-FyreTravis Industries, Inc
2.76​
1.9​
62623-11322
62623​
11322​
77​
EvergreenTravis Industries, Inc
2.2​
1.5​
70720-12772
70720​
12772​
77​
Intrepid FlexBurn 2115-CATHearth and Home Technologies
0.3​
15906-10665
15906​
10665​
77​
Polaris, Centauri, Vega, Sirius, Antares and RigelJ. A. Roby Inc.
1.4​
20841-11759
20841​
11759​
76​
Ashford AF30.2, Chinook CK30.2, and Sirocco SC30.2Blaze King Industries, Inc.
2.9​
0.8​
27116-11553
27116​
11553​
76​
F2500FPI/Regency Fireplace Products
2.24​
1​
50349-16746
50349​
16746​
76​
21M-ACC-C, Discovery-1-
Hearth and Home Technologies
1.48​
1.7​
29322-13585
29322​
13585​
76​
Bari, Bari Plus 8171 HybridHase Kaminofenbau (Hearthstone Quality Home Products Inc.)
1.25​
0.94​
26036-14065
26036​
14065​
76​
Lopi Rockport Hybrid-Fyre Travis Industries, Inc
2.15​
1.7​
55466-13760
55466​
13760​
76​
I2500 FPI/Regency Fireplace Products
2.24​
1​
42995-17178
42995​
17178​
76​
Medium Flush Wood Hybrid Fyre Insert
Travis Industries, Inc
2.02​
1.7​
69982-14483
69982​
14483​
76​
Princess PI29 InsertBlaze King Industries, Inc.
2.6​
1.3​
24348-9694
24348​
9694​
75​
Aspen C3Vermont Castings
1.25​
2​
20086-17439
20086​
17439​
75​
Pleasant Hearth Large Wood Stove GWS-2200, GWS-2200-B, WSL-2200, WSL-2200-B, LWS-2200, WS-2200, WS-2200-B, PH2200WS, PH2200WS-B, SWS-2200, SWS-2200-B, HWS-2200, HWS-2200-B, PWS-2200-B
GHP Group
2​
1.5​
70045-16394
70045​
16394​
75​
Napoleon S30, Timberwolf T30Wolf Steel Ltd.
3.2​
2.3​
37829-12151
37829​
12151​
75​
7110 BMorso Jernstoberi A/S
0.83​
1.1​
36554-16457
36554​
16457​
75​
 
Do you happen to have a link handy for the list? I can’t seem to find it. Curious to see if the Travis Industries Large Flush inserts are on there.
I may have misspoken earlier - looks like the previous model (hybrid fyre) is on list at 78. Travis industries lists the new NexGen model at "up to 78 HHV" which matched at first glance but it appears to be listed as 73HHV efficiency on the EPA site - below the threshold.

I'd do some more digging with the retailer if I were you.
 
I may have misspoken earlier - looks like the previous model (hybrid fyre) is on list at 78. Travis industries lists the new NexGen model at "up to 78 HHV" which matched at first glance but it appears to be listed as 73HHV efficiency on the EPA site - below the threshold.

I'd do some more digging with the retailer if I were you.

Ah okay. Yeah I will definitely do some more digging. Thanks!
 
Can anyone advise on the previous 2020 tax credit? Is it just a $300 credit?

We received a wood stove insert for free, but paid $2000 for install, stainless steel liner, etc. This was Aug 2020.

Any chance we can get $300? Or could we get the install covered ($2k)?
 
I've read the article from HPBA, but I can't find anything in the actual Tax Code under section 25D that includes biomass heaters. Section 25D is tax credit for solar, water heating, fuel cell, wind energy, and geothermal heat pump. For these expenses, the tax credit is 26% for tax year 2021, which is reduced from 30% for tax year 2020. I've asked my tax preparer about it as well, and they are aware of the $300 in 2020, but also don't see anything for 2021 that would apply to wood stoves.

I'm particularly interested in getting a confirmed answer on this because I'm in process of ordering a Blaze King Ashford and have some "flexibility" in the date that will go on the final paperwork.
 
We bought our Ashford 30 in March 2020, but didn’t complete the install (final inspection) until just after the new year. Would that put us in the 26% credit, or the $300 credit?
 
We bought our Ashford 30 in March 2020, but didn’t complete the install (final inspection) until just after the new year. Would that put us in the 26% credit, or the $300 credit?
It certainly could but i'd chat with a tax person obviously. I pasted a portion of the page linked that would suggest you may be in luck, but it's all very early interpretation at this point. Also, I thought I remembered reading that BK has certificates available on their site on for models that qualify - don't quote me though.

What happens to the 25(C) tax credit?

  • Eliminates the tax credit for biomass stoves under IRC Sec. 25(C) starting in 2021 and enacts this provision in its place
  • Any product purchased in 2020 that qualifies for the new Sec. 25(D) credit, but isn't installed until 2021, can be claimed under the Sec. 25(D) credit on a 2021 tax return. Products must be claimed on the tax return year in which the product installation is complete.

 
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I've read the article from HPBA, but I can't find anything in the actual Tax Code under section 25D that includes biomass heaters. Section 25D is tax credit for solar, water heating, fuel cell, wind energy, and geothermal heat pump. For these expenses, the tax credit is 26% for tax year 2021, which is reduced from 30% for tax year 2020. I've asked my tax preparer about it as well, and they are aware of the $300 in 2020, but also don't see anything for 2021 that would apply to wood stoves.

I'm particularly interested in getting a confirmed answer on this because I'm in process of ordering a Blaze King Ashford and have some "flexibility" in the date that will go on the final paperwork.


"Language for the ITC is contained on page 2,448 of the nearly 5,600-page bill. The credit applies to the installed cost of home heating and hot water systems that utilize wood pellets, chips and cordwood at efficiencies greater than 75 percent high heat value. The ITC is for 26 percent in 2021 and phases down to 22 percent in 2022 and 2023. "

.
 
I noticed the vendor for my cookstove uploaded a document certifying that my wood burning appliance is eligible for the tax credit. My Morso 2b Classic is certified at 83% efficient at nominal output. Does it matter when the appliances were installed? The Morso was December 2018 and the cookstove was November 2019. I didn't know about the previous $300 credit.
 
"Language for the ITC is contained on page 2,448 of the nearly 5,600-page bill. The credit applies to the installed cost of home heating and hot water systems that utilize wood pellets, chips and cordwood at efficiencies greater than 75 percent high heat value. The ITC is for 26 percent in 2021 and phases down to 22 percent in 2022 and 2023. "

.

Thank you for that. Never would have thought to look in the covid relief bill.
 
Just to be clear, If a stove is listed in the database in the first post as NSPS Certified: Yes, then it is eligible for the new 26% tax credit? I'm asking specifically for the PE line of stoves. I see the T6 is list as a yes, but is rated at 74% efficient while the cutoff is >75%? I'm assuming that would be a 'No' on any PE stove being eligible?
 
That is correct. Off by a lousy 1%.