Wood stove tax credit extended

By Sabina Dhungana, DNR forest products specialist, Madison, 608-220-4531

According to the ENERGY STAR program, the federal government has extended a tax credit to homeowners who purchase a biomass stove to heat their existing home or water. The Non-Business Energy Property Tax Credits have been retroactively extended through 12/31/2020. Biomass stoves burn wood and residues (including wood pellets), agricultural crops and trees, plants, grasses and fibers. To qualify for this $300 credit, stoves must have a thermal efficiency rating of at least 75 percent and meet 2020 clean air standards from the Environmental Protection Agency (EPA). Find more information about this renewable energy credit here.

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