26% Federal Tax Credit Wood Stove Changeout & Incentive Program

A wood stove changeout program is a voluntary program initiated at the local, state or regional level that provides eligible communities incentives to positively impact air quality. Residents can receive this rebate when they replace their old appliance, with a newer, more efficient wood/pellet stove or fireplace.

What is this new tax credit 25(D)?

Effective Dates: The new tax credit under Sec. 25(D) of the U.S. Internal Revenue Code (“IRC” or “tax code”) will come into effect on January 1, 2021 for qualifying purchases and installations completed on or after that date, through December 31, 2023.

Credit Amount: Creates a new tax credit of 26 percent of the purchase and installation costs (with no cap or lifetime limit) for tax years 2021 and 2022; moves down to 22 percent of purchase and installation costs in 2023 (under Sec. 25(D) of the U.S. tax code).

Qualifying Products: Requires qualifying products (any biomass-fueled heater) to be at least 75-percent efficient per the higher heating value (HHV) of the fuel. Further IRS guidance on qualifying products will likely come in 2021

Models That Qualify

Caddy Advanced Wood Furnace Mansfield Wood Stove Heritage Wood Stove Castleton Wood Stove Manchester Wood Stove Craftsbury Wood Stove Green Mountain 40 Wood Stove Green Mountain 60 Wood Stove Green Mountain 80 Wood Stove Shelburne Wood Stove Bari Wood Stove Bari Plus Wood Stove Clydesdale Wood Insert F500 Oslo Wood Stove Hipster 14 Wood Stove Hipster 20 Wood Stove Evergreen Wood Insert Evergreen Wood Stove Rockport Wood Stove AGP Pellet Insert AGP Pellet Stove Deerfield Pellet Stove Ashford 20.2 Wood Stove Ashford 25 Wood Insert Ashford 30.2 Wood Stove Boxer 24 Wood Stove Chinook 20.2 Wood Stove Chinook 30.2 Wood Stove King 40 Wood Stove Princess 29 Wood Insert Princess 32 Wood Stove Sirocco 20.2 Wood Stove Sirocco 25 Wood Insert Sirocco 30.2 Wood Stove Solution 2.3i Wood Insert Destination 1.9 Wood Insert Destination 2.3i Wood Insert Solution 1.4 Wood Stove Solution 2.3 Wood Stove Solution 3.5 Wood Stove Harmony 2.3 Wood Stove Destination 2.3 Wood Stove

To learn more about this Tax Credit, give our professionals a call or contact us here. We will be happy to guide you to the right stove or fireplace for your home that qualifies for the tax credit.

Visit Dubuque Fireplace & Patio's showroom! We are located just west of Kennedy Mall at 925 Century Drive, next to Happy Joe’s Pizza.

(563) 582-5156

Dubuque Fireplace & Patio
925 Century Drive, Dubuque, Iowa 52002

Regular Hours:

Monday - Friday 9am - 5pm
Saturday: 9am - 2pm
Sunday: CLOSED