$1,500 U.S. Energy Tax Credit Now Available

The United States Department of the Treasury's American Recovery and Reinvestment Act of 2009 is enticing homeowners to make energy efficient home improvements. This 30 percent IRS Tax Credit of up to $1500 provides you with the break you need to purchase new household features like energy efficient heating systems that will ultimately save you money.

Catskill Boiler Co. carries several models that qualify for the government offer thanks to their efficient, clean-burning tecnology. Included are the Empyre Pro Series Models 200 and , 400, and Econo Burn Furnaces, which provide biomass fuel capabilities. The tax credit specified that a stove that heats water or an entire home using bimass fuel must have a thermal efficiency rating of at least 75 percent, which is measured by using a lower heating value. Each of our furnaces meets or exceeds the necessary efficiency rating.

WHAT to do to Obtain the Special Tax Credit:

This tax credit for an anergy efficient furnace that meets the required standards applies to the 2009 and 2010 tax years. When filing your federal tax forms, simply claim your credit and be sure to attach proof including the sales receipt and Certificate Statement. This offer will reduce the tax you pay dollar for dollar and is more valuable than a tax deduction.

• The allowable tax credit is 30% of the purchase cost, up to $1,500.00.
• Installation of your furnace may also be covered as long as it is required for proper and safe operation of the stove.
• Purchases made prior to the announcement of the tax credit qualify with the provision of a retroactive certification statement.
• The qualifying furnace must be installed in or on a dwelling unit located within the United States and, at the time of installation, the dwelling unit is owned and used by the taxpayer as their principal residence.

Please note that Catskill Boiler Co. is not a tax advisor. This bulletin is for informational use only and should be treated as such. Catskill Boiler Co. will not be responsbile or liable for the eligibility to receive any tax credit. For more information, please call us at 518-966-8900 and one of our customer service specialists will be happy to assist you.

We also have found the following helpful link that is very informative on incentives for Renewables & Efficiency by state. You simply locate the state, click on it and find the community you are interested in knowing more about.