Take advantage of the new tax credit, which covers 26 percent of the appliance purchase AND installation costs (with no limit) in 2022. *
We are already seeing consumer demand increased over last year, so we anticipate that consumers who can plan ahead and purchase now will be able to take advantage of this government bonus. During 2021, many manufacturers were oversold. Many units ordered in early fall were not finished production until well after the New Year.
Let us help you with your project. Not all units qualify, so one of the first steps would be to outline your project request and see what appliance would fit your needs.
Which units qualify?
Harman Absolute 43-C
Harman Abosolute 63
Harman Accentra 52i-TC
Harman Allure 50
Quadra Fire Mount Vernon E2-C
Quadra Fire Mount Vernon Ed-C Insert
Quadra Fire Trekker
Quadra Fire Trekker Insert
Vermont Casting Encore 2040-CAT-C
Vermont Castings Defiant 1975-CAT-C
Vermont Castings Dauntless FlexBurn Model
Vermont Castings Dauntless FlexBurn Catalytic Model
Vermont Castings Intrepid FlexBurn 2115-CAT
*Units must be purchased and installed between January 1, 2022 and
December 31, 2022 in a new or existing home (primary or secondary home).
What paperwork should you keep?
*Purchase receipt, including the cost of product and installing
*Once the stove/insert is installed you will receive the certificate stating that the unit purchased qualifies for the credit and is at least 75 percent efficient HHV.
How to claim the credit
*Claim the credit on your federal income tax form File Via Tax Software: Located in the “credits” section of the Federal portion under home ownership and residential energy credit
*This credit would be claimed on IRS form 5695 under "Residential Energy Efficient Property Credit."