Save up to $1,500 on any Ecoteck Pellet Stove
On June 1, 2009, the Internal Revenue Service (IRS) issued its guidance for the 30% consumer tax credit (up to $1500) for the purchase and installation of a 75% efficient biomass burning stove ( pellet stoves ).
All Ecoteck pellet stoves will qualify for the tax credit. Below is a PDF with the Manufactures Certification Statement. Please print out the statement for every Ecoteck stove that you have installed in 2009. Homeowners should consult their tax advisor to determine whether they qualify for any potential income tax credits. Read more at the HPBA.
75% efficient pellet stoves : Some important points
- To be considered, a stove must use the burning of biomass fuel to heat a dwelling unit and have a thermal efficiency rating of at least 75%.
- Installation is covered, as long as it is a requirement for the stove’s proper and safe functioning.
- This consumer tax credit is 30% (up to $1,500) for the purchase and installation.
- If a taxpayer uses the entire $1,500 tax credit on a competing product then they cannot use it for a biomass stove in that same tax year.
- This credit applies only to existing principle residences.
- Manufacturers must provide a certificate of qualification for each product as required in the guidance which can be obtained for the customer to use.
- Taxpayers must retain the certification statement for tax record keeping purposes, but is not required to be attached to the tax return.
- Prior purchases made between January 1, 2009, and June 1, 2009 are covered if the manufacturer offers a certificate of qualification.
- If a manufacturer has documentation that a stove has already achieved the required efficiency rating, no further testing is required.
Download the Ecoteck Certification Statement for US Tax Rebate 2009. Read more from the IRS at www.irs.gov/pub/irs-drop/n-09-53.pdf.