Up to $1500 Federal Tax Credit!

US Federal Government Provide a 30% Tax Credit for the Purchase and Installation of a High Efficiency Biomass Stove

On February 17, 2009 President Obama signed into law, H.R. 1, the American Recovery and Reinvestment Act (ARRA).  This economic stimulus legislation includes a 30% tax credit (up to $1,500) for the purchase in 2009 and 2010 of a 75%-efficient biomass-burning stove as measured using a lower heating value.

The Internal Revenue Service (IRS) issued the guidelines for determining what stoves meet the efficiency requirements to qualify for the credit on June 1, 2009. In summary, to qualify a homeowner must:

1. Purchase and install a Greenwood Aspen 175 in either 2009 or 2010.
2. Save the purchase receipt
3. Save a copy of the Greenwood certification for the Aspen 175.
4. Claim the tax credit on your tax return*.

Frequently Asked Questions

Rather than attempt to keep our site updated with the latest information on the ARRA tax credit, we encourage you to visit the Hearth, Patio and Barbeque Association (HPBA) website. They have compiled an extensive list of frequently asked questions regarding the tax credit.

* Greenwood Technologies does NOT provide tax advice. Please consult with your tax advisor for eligibility and answers to your specific questions.