Updated: March 24, 2015
Oregon provides one of the most generous and most complex tax credits for wood and pellet stoves in the country. The credit provides a maximum of $1,500, is based on efficiency and gives preference to those stoves that have an actual, measured efficiency on the EPA list of certified stoves. As of March 2015, only 27 stoves have actual efficiencies listed and the rest just have the EPA default.
If the manufacturer just uses a default efficiency, and won’t release an actual one, the tax credit is $144 for non-catalytic stoves, $216 for catalytic and $288 for pellet stoves. For more information about which stoves have
actual efficiencies, click here
The highest tax credits will be in the $1,000 range for catalytic and
hybrid stoves that are often around 80% efficiency. Currently, the
highest efficiency stove on the EPA list is 82%, which would get a $1,224
In addition to determining if your stove has an actual measured efficiency, the stove must be
- Installed in an Oregon residence
- Be installed with dedicated outside air
- Be listed on the EPA certified wood stove list and
- Emit no more than 3.5 grams per hour for a non-catalytic stove, or no more than 2.5 grams an hour for a catalytic or pellet stove.
For more information on the stove tax credit go here: http://www.oregon.gov/energy/CONS/Pages/res/tax/HVAC-Biomass.aspx