Updated: November 27th, 2016
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 tax credit.
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
: Forbids sale and installation of wood stoves or inserts that are not certified. Oregon began certifying stoves in 1984 and the EPA in 1988.
: Uncertified stoves must be removed when a home is sold.
A permit must be obtained from the local building codes department before installing a new wood stove or insert.