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The 2011 IRS 10% Biomass Tax Credit: Which Stoves Qualify?

 

Q: I understand that the IRS tax credit applies to biomass stoves achieving an efficiency rating of 75% or better. But lately, I see wood stoves with lower efficiency ratings advertised as being eligible for the tax credit. Can you explain?

Thanks,
Pat Hinds

Sweepy A. When the Biomass Tax Credit was renewed for 2011, a few changes were made.

The original 2009 Solid Fuel Tax Credit applied only to new biomass (wood & pellet) stoves with a Low Heat Value efficiency rating of at least 75%. The intent was not just to promote the use of renewable, carbon-neutral fuels, but also to encourage the purchase of higher efficiency models, which burn less fuel.

The 2011 version was modified to reward the purchase of biofuel heaters, regardless of efficiency. For 2011, the purchase of any new biomass burner qualifies for the credit. Nonetheless, there is plenty of motivation to choose the higher-efficiency models: higher efficiency means you can heat the same area while burning less fuel, which not only conserves the biofuel resource, but means less cutting, hauling, splitting, stacking and loading, on top of the savings on your annual fuel bill.

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