To find out of the stove you want to order from Pellet Stove Source is eligible for the Bioomass Stove credit from the IRS (up to $1,500), call Pellet Stove Source at 1-866-779-8506.

Here are some of the guidelines surrounding the tax credit:

1) To be considered, a stove must use the burning of biomass fuel to heat a dwelling unit or to heat water for use in such a dwelling unit, and have a thermal efficiency rating of at least 75% as measured using a lower heating value;

Your Pellet Stove Source customer service representative can confirm if yours meets the above guideline (1-866-779-8506)

2. Installation is covered, as long as it is a requirement for the stove’s proper and safe functioning;

3. This consumer tax credit is 30% (up to $1500) for the purchase and installation of a 75% efficient stove, and is available in both 2009 and 2010;

4. The tax credit is an aggregate, i.e., the total $1500 can include other energy efficient items. For instance, if a consumer claims $900 on a new stove, then he will have $600 to purchase additional energy saving products in the same tax year;

5. If a taxpayer uses the entire $1500 tax credit on a competing product then they cannot use it for a biomass stove in that same tax year;

6. This credit applies only to existing principle residences;

7. Manufacturers must provide a certificate of qualification for each product as required in the guidance which can be obtained for the customer to use;

8. Taxpayers must retain the certification statement for tax recordkeeping purposes, but the certification is not required to be attached to the tax return;

9. Prior purchases made between January 1, 2009, and June 1, 2009 are covered if the manufacturer offers a certificate of qualification for the product;

If a manufacturer has documentation that a stove has already achieved the required
efficiency rating, no further testing is required;

Call Pellet Stove Source today (1-866-779-8506) to order your pellet stove that can get you up to $1,500 back from the government!