Tax Credit Certificates

Wood and Pellet Heater Tax Credit Explained

Starting January 1st, 2023, a new tax credit is available for certain wood and pellet heaters. This opportunity lasts until December 31, 2032. It’s part of the tax code’s section 25(C), updated by the “Inflation Reduction Act of 2022”. You can get a 30% credit on both the purchase and installation costs. This can go up to $2,000 every year, from 2023 to 2032.

If you buy an efficient wood stove, you can claim this 30% federal tax credit. It’s based on the total cost, including both purchase and installation. To claim it, fill out IRS form 5695 under “Residential Energy Efficient Property Credit” when you do your taxes. Make sure you keep your receipt. It should show the cost of the product and its installation.

How to Qualify for the Tax Credit

Understanding the eligibility criteria is crucial to take advantage of this tax credit. Your wood or pellet heater must meet specific efficiency ratings to qualify. This section outlines what criteria your purchase must meet and how to ensure your new heater is eligible for the 30% tax credit.

Tax Credit Certificates from the Manufacturer

After installing, keep your receipt and download the manufacturer’s certificate. This helps you claim the credit smoothly. Remember, this credit is non-refundable. Talk to your tax advisor before buying. They can help you understand what this credit means for you.

Below, find the tax credit certificates from the manufacturer for purchases made in 2023-2032 and 2018-2022.

Tax Credit Certificate Download

Benefits of Wood and Pellet Heaters

Discover the advantages of switching to pellet and wood heaters. These eco-friendly heating options are not only better for the environment but also cost-effective in the long run. With the introduction of the new tax credit, there’s never been a better time to consider upgrading your heating system. Wood stoves can reduce your carbon footprint and offer a sustainable way to keep your home warm during colder months.