Woodstock Soapstone Company certifies that the following wood stoves
QUALIFY FOR A $300 TAX CREDIT:
Ideal Steel Hybrid Woodstove- Model 210
Progress Hybrid Woodstove- Model 209
Fireview Woodstove - Model 205
Keystone Woodstove -Model 204
Palladian Woodstove -Model 202
These stoves have a thermal efficiency greater than 75% and satisfy the IRS requirements to be considered “qualified energy property” under Section 25C of the Internal Revenue Code.
They qualify for a tax credit for their purchase and installation costs under the energy tax credit package signed into law in December of 2015.
Homeowners who have taken advantage of previous energy tax credits may not be eligible for the current tax credit. There is a maximum “lifetime” energy tax credit cap of $500, retroactive to 2006.
(broken link removed to http://www.woodstove.com/pages/guidepdfs/2015-2016_Tax_Credit.pdf)
The method for testing efficiency has been specified once again as the Low Heat Value of wood (LHV)*.
Efficiency was calculated using the Lower Heat Value (LHV)* for the tax credit.
Using this method ALL of the Woodstock Soapstone Woodstoves exceed the minimum 75% efficiency requirement.
Woodstock Soapstone Model HHV* LHV*
QUALIFY FOR A $300 TAX CREDIT:
Ideal Steel Hybrid Woodstove- Model 210
Progress Hybrid Woodstove- Model 209
Fireview Woodstove - Model 205
Keystone Woodstove -Model 204
Palladian Woodstove -Model 202
These stoves have a thermal efficiency greater than 75% and satisfy the IRS requirements to be considered “qualified energy property” under Section 25C of the Internal Revenue Code.
They qualify for a tax credit for their purchase and installation costs under the energy tax credit package signed into law in December of 2015.
Homeowners who have taken advantage of previous energy tax credits may not be eligible for the current tax credit. There is a maximum “lifetime” energy tax credit cap of $500, retroactive to 2006.
(broken link removed to http://www.woodstove.com/pages/guidepdfs/2015-2016_Tax_Credit.pdf)
The method for testing efficiency has been specified once again as the Low Heat Value of wood (LHV)*.
Efficiency was calculated using the Lower Heat Value (LHV)* for the tax credit.
Using this method ALL of the Woodstock Soapstone Woodstoves exceed the minimum 75% efficiency requirement.
Woodstock Soapstone Model HHV* LHV*
- 210 Ideal Steel Hybrid ...... 82.00% 88.00%
- 209 Progress Hybrid ..........81.00% 88.00%
- 205 Fireview .. ...........80.9% ..90.9%
- 204 Keystone ...............75.8% .....85.1%
- 202 Palladian ...............75.8% ...85.1%
These results have been independently confirmed by Omni Test Laboratories Inc. 13327 NE Airport Way, Portland, OR. 97230 and by Intertek. *The Higher Heat Value method does not subtract the energy lost to vaporizing water from the wood during combustion. Because this lost energy is subtracted from the calculation in the Lower Heat Value method the net efficiency rating is higher.
