(broken link removed to 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.
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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
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
