Wood & Pellet Tax Credit

Upgrade to a Pellet or Wood Stove for a Tax Credit in Conifer, CO

Wood and Pellet Tax Credit

Save up to

$2,000*

Federal Tax

On Purchase
&Installation

Lots of inventory In Stock while supplies last!


Save 30% on a qualifying purchase up to $2,000

30% Federal Tax Credit – Wood Stove | Pellet | Fireplace Inserts

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 of participating communities can receive rebates, low/no interest loans and/or discounts to replace their old appliances, with newer, more efficient wood or pellet stoves and fireplaces. Click the button below to begin shopping for qualifying appliances or reach out to our knowledgeable sales team if you have any questions!

Shop Qualifying Fireplace & Stove Models

What is the 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.


Benefits of Pellet & Wood Stoves

Like the tax credit that comes with qualifying products, there are many reasons to upgrade to a wood or pellet stove in the state of Colorado. Continue reading to discover the benefits and determine if upgrading is the right choice for your home. If you have any questions about upgrading appliances, don't hesitate to contact us at Inglenook Fireplace today!

  • Increased energy efficiency: Wood and pellet stoves are more efficient than traditional fireplaces, which lose a significant amount of heat up the chimney. This means that wood and pellet stoves can heat your home more effectively, using less fuel.

  • Cost savings: wood and pellet stoves are more efficient than traditional fireplaces, they can save you money on your energy bills. Wood and pellets are also often less expensive than other heating fuels such as natural gas or oil.

  • Environmental benefits: Burning wood and pellets produces fewer greenhouse gas emissions than burning fossil fuels, which can help reduce your carbon footprint. Additionally, wood and pellets are renewable resources, meaning they can be sustainably harvested and replenished.

  • Independence from the grid: If you live in an area with frequent power outages, a wood or pellet stove can provide a reliable source of heat even when the electricity is out.

  • Aesthetic appeal: Wood and pellet stoves can add a cozy, rustic feel to your home and can be an attractive focal point in a room.

  • Improved air quality: Newer wood and pellet stoves are designed to burn more cleanly than older models, which can help improve indoor and outdoor air quality. Additionally, wood and pellet stoves can be a good alternative for people who are sensitive to the chemicals and fragrances in traditional heating fuels.

    • Tax Credit Tips

    Now that you have purchased a stove that qualifies for the tax credit, you may be wondering how the tax credit works. Here are a few helpful steps to claim the credit:

  • Check the eligibility requirements: Make sure that the item you purchased meets the eligibility requirements for the tax credit. The requirements can vary depending on the type of credit, so be sure to review the specific guidelines carefully.

  • Save your receipt: Keep a copy of your receipt as proof of purchase. This will be needed when you file your tax return.

  • Fill out the appropriate tax form: Depending on the type of credit, you may need to fill out a specific tax form to claim the credit. For example, if you purchased an energy-efficient appliance, you may need to fill out Form 5695. Be sure to read the instructions carefully and provide all of the required information.

  • Submit the form with your tax return: When you file your tax return, include the appropriate form along with your other tax documents. Make sure to double-check that you have filled out the form correctly and included all necessary information.

  • Wait for your refund or credit: If you are eligible for a tax credit, it will be applied to your tax return and may result in a refund or a reduction in the amount of taxes you owe. If you are expecting a refund, you can check the status of your refund using the IRS's "Where's My Refund" tool.

  • Tax credits can expire, so make sure to check the expiration date and claim the credit before it's too late. Additionally, it's always a good idea to consult with a tax professional to ensure that you are taking advantage of all available tax credits and deductions.