IRS RESIDENTIAL ENERGY CREDIT FORM (FORM 5695)
2012 FORM: http://www.irs.gov/pub/irs-pdf/f5695.pdf
Category Archives: Hearth
2013 TAX CREDIT CERTIFICATES
Vermont Castings/MHSC:
http://www.bpsh.com/pdf/MHSC_certificate_of_eligibility_2011.pdf
Pacific Energy:
http://www.bpsh.com/pdf/PE_certificate.pdf
Enviro/Vistaflame:
http://www.bpsh.com/pdf/Enviro_certificate.pdf
http://www.bpsh.com/pdf/VF_certificate.pdf
TIPS TO BURN WOOD RESPONSIBLY
> USE A LOW EMISSION HEARTH PRODUCT:
There are many types of low emission wood-burning hearth products available for new construction and existing homes. The key is determining the type of product, as well as the right type of wood fuel, to meet your needs.
IRS Form 5695 & Instructions: Residential Energy Credits
This is the 2012 Residental Energy Credits IRS Form 5695
This is the form necessary for the biomass $300 tax credit
READ MORE: http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US43F
CHEAP FUEL THING OF THE PAST?
The days of cheap oil have come to an end. In 20 years we’ve seen the rock bottom price of $1 / gal to now almost $4 / gal. Even in an election year we didn’t see the price of oil drop for very long. Along with the price at the pump going up, heating bills are starting to push to astronomical levels. Who would think that every 5 years we’d see a dollar jump in #2 heating oil costs. What about in the next 10 years?
WOOD PELLET REVIEW
HOW DO YOUR PELLETS STACK UP AGAINST THE COMPETITION?
Pellets are NOT all created equal. So how do you know that you’re really getting the most bang for your buck? Until now there really has been no report or guide on what you were getting. Woodpellets4me.com has an online guide to help you choose your
FUEL COST CALCULATOR
#2 Fuel Oil:
2013 BIOFUEL FEDERAL TAX CREDIT
January 2, 2013
FEDERAL TAX CREDIT FOR WOOD STOVE REINSTATED AND RETROACTIVE
Congress passed a bill addressing parts of the Fiscal Cliff, and it included a reinstatement of the $300 tax credit for biomass heaters that are 75% efficient using lower heating value. Another provision of the bill extended the wind production tax credit for one more year.
In addition to the purchase price, consumers can include the cost of professional installation which is important to the proper and safe operation of biomass stoves.
The biomass stove provision provides for a 10% tax credit up to $300 for stoves bought in 2013 and it is retroactive, so that all eligible stoves purchased in 2012 can also get the credit. This credit was allowed to expire at the end of 2011 and H.R. 8 extends it through December 31, 2013.
The bill language that makes it retroactive did so by just extending the credit that existed in 2011, through December 31, 2013:
In addition to the purchase price, consumers can include the cost of professional installation which is important to the proper and safe operation of biomass stoves.
The biomass stove provision provides for a 10% tax credit up to $300 for stoves bought in 2013 and it is retroactive, so that all eligible stoves purchased in 2012 can also get the credit. This credit was allowed to expire at the end of 2011 and H.R. 8 extends it through December 31, 2013.
The bill language that makes it retroactive did so by just extending the credit that existed in 2011, through December 31, 2013:
SEC. 401. EXTENSION OF CREDIT FOR ENERGY-EFFICIENT EXISTING HOMES. (a) IN GENERAL.