Carbon Neutral Home Heating Gets Tax Credit
As part of the 2009 Economic Stimulus legislation, U.S. homeowners who purchase a 75-percent efficient biomass (wood or pellet) burning stove, fireplace or fireplace insert and place it into service in their home during 2009 or 2010 can receive a 30-percent tax credit for costs incurred, up to $1,500. Today the Federal Government released clarifying guidelines for qualifying biomass products.
The guidelines verify that more than 30 Quadra-Fire® and Harman Home Heating™ products, as well as the Heat & Glo® Northstar and Heatilator® Constitution wood burning units, qualify for the tax credit. The products include EPA-certified wood stoves, fireplaces and inserts, as well as pellet stoves, fireplaces, inserts, furnaces and boilers. Quadra-Fire, Harman, Heat & Glo and Heatilator are brands of Hearth & Home Technologies, based in Lakeville, Minnesota.
"Significant financial and environmental benefits can be gained for the homeowner who heats with wood or pellet burning appliances," said Rusty Cox, Owner of American Chimney in Purcellville. "You can enjoy reduced heating costs for years to come while utilizing renewable fuels and contributing to a greener Earth."
For more information about qualifying products, visit American Chimney at 201 N Main Street in the Purcellville Plaza Shopping Center, or online at www.americanchimneyva.com. For additional information about the tax credit, please consult your tax advisor.