$1,500 Tax Credit for Wood & Pellet Fireplaces, Stoves & Inserts

Updated 11/8/09

What Exactly is Happening?

The American Recovery and Reinvestment Act of 2009 (Recovery Act) signed into law on February 17, 2009, includes a 30% consumer tax credit (up to $1,500) for the purchase of 75%-efficient bio-mass burning stoves (i.e. wood and pellets) and can be used towards the stove, venting, hearthpads and installation costs for the 2009 taxable year and again in 2010.

The new tax credit begins immediately and applies to qualifying bio-mass burning stoves already purchased in 2009; the Internal Revenue Service (IRS) has issued a full list of efficiency guidelines regarding which products qualify.

Do Fireplace Xtrordinair Products Qualify for the Tax Credit?

Yes, the below Fireplace Xtrordinair wood stoves and wood stove insert exceed the 75%-efficiency standard. See below chart for eligible products:

• Fireplace Xtrordinair Wood Stoves:
  • 36 Elite
  • 44 Elite
• Fireplace Xtrordinair Wood Stove Insert:
  • 33 Elite

Do Avalon Products Qualify for the Tax Credit?

Yes, ALL Avalon wood stoves, wood stove inserts, pellet stoves and pellet stove inserts exceed the 75%-efficiency standard. See below chart for list of eligible Avalon products:

• Avalon Wood Stoves:
  • Arbor
  • Spokane 1250
  • Spokane 1750
  • Pendleton
  • Rainier
  • Olympic
• Avalon Wood Stove Inserts:
  • Perfect-Fit
  • Rainier
  • Pendleton
  • Olympic
• Avalon Pellet Stoves:
  • Arbor
  • Newport
  • Astoria
• Avalon Pellet Stove Inserts:
  • Newport Bay
  • Astoria Bay

Do Lopi Products Qualify for the Tax Credit?

Yes, ALL Lopi wood stoves, wood stove inserts, pellet stoves and pellet stove inserts exceed the 75%-efficiency standard. See below chart for list of eligible Lopi products:

• Lopi Wood Stoves:
  • Leyden
  • Answer
  • Republic 1250
  • Republic 1750
  • Endeavor
  • Liberty
• Lopi Wood Stove Inserts:
  • Answer
  • Declaration
  • Revere
  • Freedom
  • Freedom Bay
  • Walden
• Lopi Pellet Stoves:
  • Leyden
  • Pioneer
  • Yankee
• Lopi Pellet Stove Inserts:
  • Pioneer Bay
  • Yankee Bay

How do Consumers Know this Efficiency Data is Accurate?

All Lopi, Avalon, and Xtrordinair products' efficiency data have been independently generated and/or reviewed by industry laboratories - Omni Environmental Labs or Myren Consulting. These third-party, independent testing laboratories ensure the efficiency data is accurate and credible. To our knowledge, no other hearth manufacturer has gone through this crucial step to ensure safety and accuracy. Additionally, Lopi, Avalon, and Xtrordinair dealers will provide an efficiency verification certificate during the purchase - certifying that product qualifies for the tax credit. Please download this Certificate of Efficiency, and keep a copy for your records.

Why is this Happening?

The Recovery Act is an unprecedented effort to jumpstart our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Recovery Act targets investments towards key areas that will save or create good jobs immediately, while also laying the groundwork for long-term economic growth - including $43 billion to "Revive the renewable energy industry and provide the capital over the next three years to eventually double domestic renewable energy capacity" - which offers a 30% consumer tax credit (up to $1,500) for the purchase of 75%-efficient bio-mass burning stoves (i.e. wood and pellets) and can be used towards the stove, venting, hearthpads and installation costs.

What Exactly is a Tax Credit?

Consumers claim the credit on their federal income tax form at the end of the year. The credit then increases the tax refund or decreases the amount the taxpayer has to pay, dollar-for-dollar; whereas, tax deductions simply lower your taxable income. Please consult your tax advisor for more information.

Are Lopi, Avalon, and Xtrordinair Products Made in the United States?

Yes, all Lopi, Avalon, and Xtrordinair products are manufactured in Mukilteo, WA - so your purchase of these American-made products provides you with an efficient and lovely bio-mass burning stove, and ensures your support of the Recovery Act to assist our economy and protect American jobs, so our country can thrive in the 21st century. This is an important consideration to remember when purchasing a bio-mass burning stove.

Read the lastest about the Travis Lopi Stove Tax Credit, the Travis Avalon Stove Tax Credit, and the Travis Xtrordinair Stove Tax Credit.