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.

(Visited 227 times, 1 visits today)