Local Hamden based fireplace store, Superior Stone & Fireplace wants to remind people that there is still time to take advantage of the U.S. Biomass tax incentive before the cold weather arrives. Are you thinking about upgrading your heating? Don’t miss out!
Enjoy the warmth and comfort of a traditional wood or pellet stove with incredible tax savings until December 31st. The U.S. Biomass tax incentive encourages homeowners to upgrade to energy efficient heating, providing a $300 tax credit to be redeemed against the cost of qualifying wood and pellet stoves.
On December 18, 2015, the President signed into law the Consolidated Appropriations Act of 2016 (H.R. 2029). This bill reauthorizes the tax credit for non-business energy property. Included in this section is the $300 federal tax credit for residential biomass heating products that meets the 75% efficiency requirement.
The incentive gives a $300 credit to homeowners who make a biomass purchase for their non-business property between the dates of January 1st 2015 and December 31st 2016.
Any wood-burning or pellet-burning hearth product that meets the 75% efficiency rating qualifies for this credit. A claim can be made any time within the year that the product was purchased, providing that you keep your manufacturers receipt. The sales receipt must indicate the date of purchase to make an eligible claim. For more information visit the HPBA website.
We provide a wide selection of wood & pellet based stoves, fireplaces and inserts at our warehouse in Hamden CT. Our experienced fireplace contractors can deliver and install your preferred fireplace in time for winter.
Don’t delay! Offer now extended through December 31 2016. Got a question? Give Superior Stone & Fireplace a call at (203) 287-0839.