New tax credits for 2021

[eshwars]

I've searched high and low and even looked at the EPA spreadsheet and haven't found a single non-catalytic insert that has HHV of 75% (or higher). The PE Summit comes closest at 74%

Is anyone aware of an non-catylytic insert that meets the 75% threshold? If so, I would be very grateful if you could posted it here. Thanks!

 

[BKVP]

I've searched high and low and even looked at the EPA spreadsheet and haven't found a single non-catalytic insert that has HHV of 75% (or higher). The PE Summit comes closest at 74%

Is anyone aware of an non-catylytic insert that meets the 75% threshold? If so, I would be very grateful if you could posted it here. Thanks!

 

[BKVP]

Just a bit of back story here. EPA is currently reviewing all 249 solid fuel heater test reports for wood and pellet stoves. They are finding mostly very trivial issues relating to the formatting or reporting of test results. As a result, EPA has moved resources into this effort in order to expedite the process.

I suspect very few new unit certificates are being processed until such time they get their heads above water for units already on the market. Many manufacturers are awaiting approval (certification) on new stoves or redesigned units. Hopefully the process will get moving so consumers have more options to choose from.

With such significant delays to new product certifications, there are certainly those of us holding off testing an certifying units.

I have posted and continue to remind everyone, the EPA list is a living document that is updated usually on a quarterly basis.

 

[eshwars]

BKVP, thanks for sharing the inside scoop on what's going with the EPA. That's interesting to know.

BTW, the qualifying models you shared in your previous posts are all Stoves. None of them are inserts.

It looks the list was pulled from EPA's site, right?

 

[BKVP]

BKVP, thanks for sharing the inside scoop on what's going with the EPA. That's interesting to know.

BTW, the qualifying models you shared in your previous posts are all Stoves. None of them are inserts.

It looks the list was pulled from EPA's site, right?

Yes.

 

[cincyguy72]

A proper installation including chimney configuration plays a huge role in the appliance efficiency. Many (most) stove change out programs insist on a professional NFI or WETT installation for safety reasons. The additional benefit is increase in efficiency.

Many of the eligible units do not have a combustor that you are concerned about. Anyway, proper maintenance plays a significant role in all stoves, regardless of technology. EPA mandated in the preamble of the 2015 NSPS that all wood stoves, regardless of technology, must have "like warranties."

Once EPA clears their backlog, more units will be unveiled to consumers.

Does the new credit have requirements for professional installation? If not, what most are you referring to? I believe the old credit did not, as I helped my friend install his, and he claimed the credit.

 

[BKVP]

Does the new credit have requirements for professional installation? If not, what most are you referring to? I believe the old credit did not, as I helped my friend install his, and he claimed the credit.

No it does not....

 

[Oliviia]

very valuable information, thank you

 

[BKVP]

Some modest, limited good news. I received a call from a manufacturer that has waited since December of 2020 for an extension on their pellet stove....it's in the mail! So they can resume manufacturing and it also appears other products awaiting certification are making their way through the grist....

 

[Tithis]

Any opinions on if various parts of an installation need to be done together and/or by the same company? For example we need a new insulated liner to install one of the stoves to code. Do I need to have the stove installer be the one to do it so its on the same bill, or can I find my own installer and still have it qualify?

Heck if it doesn't have to be the same installer whats to stop me from adding the masonry work I'm having done to meet the chimney height requirements?

 

[begreen]

I think combined bills are ok, including the masonry work as long as it is related to the installation. Have the mason note this is required to make the chimney for the stove code legal on the bill.

 

[Tithis]

I have documentation from a previous inspection highlighting the chimney height issue (only 2ft) and the wood clearance issues that mean we need the UL 1777 insulated liner.

Unfortunately both the sweeps who gave me quotes said 2ft is fine in Massachusetts and are building it to 3ft at my request as part of the rebuild.

 

[begreen]

Make it a condition getting of the job or get someone who knows code. Money talks.

 

[Tithis]

I'll see if I can get them to sign something to the effect of "Job # is being performed to bring chimney in compliance with 780 CMR 6001.x" with a quote of the code.

 

[BKVP]

You can combine costs from different suppliers or services. Ask your tax professional for full guidance.

 

[seh1984]

Does anybody know how the credit works if the install costs span multiple tax years?

for instance I put down a deposit for my work to be done this week but the stove (morso 7110)isnt Due to be delivered to the store until December at the earliest. What happens if my install happensin January but my deposit was made this week?

 

[BKVP]

Does anybody know how the credit works if the install costs span multiple tax years?

for instance I put down a deposit for my work to be done this week but the stove (morso 7110)isnt Due to be delivered to the store until December at the earliest. What happens if my install happensin January but my deposit was made this week?

The 25D extends into 2022 at the same 26%. Any credit not used in 1 year can be carried over to the next year. Consult with your accountant for application to your particular tax filing.

 

[1990dtgl98]

Does anyone know if repairs count toward it?

I need a new chimney crown (mine is cracked and I don't want to go the crown coat route). If it's included I can get that 2500 rolled into a new stove as well, I would save money.

I was originally looking at an osburn for the fact it's about 1100 cheaper around here than a blaze king princess insert. However if that credit counts toward repairs I would be 6500 all in minus 1700ish credit ($~4800ish) vs 5.5k for the obsurn.

Does that credit count toward sweeping since that's something that they said they would have to do when tearing out the concrete and top plate (since it's pretty sooty).

 

[BKVP]

It states anything to complete the installation of a qualifying unit. Ask your accountant.

 

[mightytitan9]

Is there a way to sort it into inserts that qualify? Or does it call them all wood stoves?

 

[begreen]

Inserts are lumped under woodstoves. If the stove mfg includes "insert" in the product name, then it will show up in a search. This reveals 3 inserts from Lopi and BK, but not all the qualifiers show up because the model name is just a model number. Kuma for example has exceptionally efficient insert qualifiers with the Alpine LE and Cascade LE that are not apparent by name.

 

[BKVP]

There are now 12 industry identified inserts that meet the requirements and as beGreen points out, we make 3 but they do not say inserts. Some mfg's use the same firebox for both freestanding and as inserts. Our BX24 is the same firebox as the AF25 and SC25.

Kuma's are also available in both insert and freestanding.

I'll check with EPA to see if they can add a column for a ✔ as also available as an insert. They should be willing.....but mfg's will have to keep EPA informed as to application.

 

[begreen]

The Buck 91 is another that can be freestanding or an insert.

 

[BKVP]

BeGreen, PM me a list of insert you have identified. I'll get with those guys and ask EPA to implement this concept. They are keen on making their site more informative.

 

[begreen]

That is a challenge. Some have been promised, but I am not sure when we are going to see them. For example, the Hearthstone Clydesdale hybrid is still mia, but claims high efficiency and says it qualifies on their website.

Add the Regency I1500 & I2500.

Lopi Medium and Large Hybrids