Pellet Stove Finance

Pellet stove finance considerations include federal and regional incentives. As part of the "Fiscal Cliff" negotiations, federal tax credit for biomass stoves has been extended to the end of 2013.

File application form 5695 ( link at bottom of page ) with your annual tax return - including the stove's EPA approval certificate and receipts. The upper limit is $500 for a qualifying biomass stove.

Apart from the federal tax credit, there are many regional biomass incentives designed to promote the use of biomass fuel and to reduce dependence on fossil fuels.

In areas of the country where forestry or corn are important products, there are incentives to create businesses and jobs in the biomass industry.

Dsire ( Database of State Incentives for Renewables and Efficiency ),a database run by the university of North Carolina does a good job of keeping track of these regional incentives for pellet stove finance, and is easily searchable.

Go to Energy Star for Tax Credit Application 5695

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