2011 US Tax Credit Information
Information from the HPBA -
On December 17, 2010, President Obama signed a bill that extended many of the consumer tax credits into 2011 to help boost the slowly recovering economy. The tax credit for the purchase of a biomass-burning stove was extended, but with additional restrictions. The tax credit for 2011 is structured as follows: 1) a 10% tax credit, capped at $300, for a 75% efficient biomass stove; 2) the lower heating value (LHV) efficiency measure was removed; 3) the credit applies to purchase price only, not installation; and 4) tax credit is for 2011 only. HPBA encourages all members to check with their tax advisors for further clarity.
Some important points of the tax credit are:
- To be considered, a stove must use the burning of biomass fuel to heat a dwelling unit or to heat water for use in such a dwelling unit, and have a thermal efficiency rating of at least 75%;
- Installation is no longer covered as of the 2011 amendment;
- This consumer tax credit is 10% (up to $300) for the purchase and installation of a 75% efficient heating appliance in 2011;
- This consumer tax credit is for 2011 only;
- 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 recordkeeping purposes, but the certification is not required to be attached to the tax return;
- If a manufacturer has documentation that a stove has already achieved the required efficiency rating, no further testing is required;
- The IRS has not stated that inserts are covered, or are not covered, but based on EPA’s practice of treating inserts and freestanding biomass stoves in a similar fashion, manufacturers may choose to include inserts.
List of eligible Pellet & Wood Stoves and Inserts manufactured by Sherwood Industries -
Model |
|
Type |
Pellet |
|
|
Enviro - EF2, EF2i, FS and FPI |
87 |
Pellet |
Enviro - Mini |
75 |
Pellet |
|
83.5 |
Pellet |
| Enviro - Empress FPI |
83.1 |
Pellet |
Enviro - EF3 FS, EF3 FPI, EF3Bi FS, Vista Flame - VF100 FS |
75.8 |
Pellet |
| Enviro - EF5 (Evolution) |
79.8 |
Pellet |
Enviro - Meridian FS & Meridian FPI |
75.8 |
Pellet |
Enviro - Maxx |
86 |
Pellet |
|
83.1 |
Pellet |
| Enviro - Omega |
79.5 |
Pellet |
Enviro - M55 |
76.6 |
Pellet |
Vistaflame - VF 55 |
79.8 |
Pellet |
Wood |
|
|
Enviro - Kodiak 1200 FS, Vistaflame - VF 1200 FS |
82.6 |
Wood |
Enviro - Kodiak 1700 FS, Vistaflame - VF 1700 FS |
84.7 |
Wood |
Enviro - Kodiak 1200 FPI, Venice 1200 FPI, Boston 1200 FPI |
82.6 |
Wood |
Enviro - Kodiak 1700 FPI, Venice 1700 FPI, Boston 1700 FPI |
84.7 |
Wood |
Vistaflame - VF 1700 FPI |
84.7 |
Wood |
|
|
|
For more information please see:
http://hpba.org/index.php?id=294
Energy Star - 2011 Federal Tax Credits for Consumer Energy Efficiency
|
ENVIRO
Click to
Download
Official Certificate
of Qualification

Click to download the 2009-2010 Certificate of Qualification
VISTAFLAME
Click to
Download
Official Certificate
of Qualification

Click to download the 2009-2010 Certificate of Qualification
|