In December 2022, the IRS issued its new Guidance and FAQs for the new 25(C) tax credit (effective for installations January 1, 2023 and December 31, 2032) and updated its guidance for the expiring 25(D) tax credit (effective for installations between January 1, 2021 and December 31, 2022) can be found at the button link below. HPBA highlighted the important Sections of the Guidance and FAQ.
HPBA has also updated its one-pager information page for retailers, which can be found at the button link below.
Feel free to contact Ryan Carroll (carroll@hpba.org) with any questions that are not answered by our website.
What is this new tax credit?
What happens to the 25(C) tax credit?
See our new FAQs about this new tax credit for additional information.
The Sec. 25(C) biomass stove tax credit expired after December 31, 2020. The credit must be claimed in the year in which product installation was completed.
With this credit having expired, 2020 is the last year the biomass stove tax credit of $300 can be claimed on a tax return. Download the consumer one-pager here
Efficiency Maine Low-Interest Loans Program
For more information, go to Efficiency Maine
ME - Efficiency Maine Residential Home Energy Savings Program
Eligibility: Residents of Maine
For more information, click here: Website
CLOSED - Massachusetts Clean Energy Center (MassCEC) Changeout
1. $400 instant discount
2. Residential Flood Recovery Rebate
For more information on WOODSTOVES: Efficiency Vermont For information on central heaters: Efficiency Vermont
CLOSED - New York State Pellet Stove Incentive Program
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