US Biomass Tax Credit

US Biomass Tax Credit

Save up to 30% on Purchase + Installation Costs

January 1, 2023 - December 31, 2032

NEW!
For eligible products purchased and installed between January 1, 2023 and December 31, 2032, the tax credit is increased to 30% of the purchase and installation costs, capped at $2,000 annually. The previous tax credit allowed for a tax credit of 26% of the purchase and installation costs for eligible products purchased and installed between January 1, 2021 and December 31, 2022.

  • Products must be claimed on the tax return year in which the product installation is complete.
Choose from 14 eligible Wood Stoves, Wood Inserts, Pellet Stoves, & Pellet Inserts from Regency and save big with the 2024 US Biomass Tax credit!


How to Claim Your US Biomass Tax Credit:

  1. Purchase an approved unit
  2. Download & Print the Official Manufacturer's Certificate
  3. Complete IRS form F5695 when filing your taxes
2023 Manufacturer's Certification  

2024 Manufacturer's Certification  

US Biomass Eligible Wood Stoves


US Biomass Eligible Wood Inserts


US Biomass Eligible Pellet Stoves & Pellet Inserts

GF40*
GF55*
GC60*
GFI55*
GCI60**
**When the high efficiency adaptor is installed and the unit is vented vertically, in accordance to the manual.
***When the unit is vented vertically, in accordance to the manual.


More Details about the US Biomass Tax Credit

Q. Which of your products qualify for this credit?
A.
Currently there are fourteen (14) Regency models that qualify for the U.S. Biomass Tax credit they are:

​*New -1 model only.
**When the high efficiency adaptor is installed and the unit is vented vertically, in accordance to the manual.
***When the unit is vented vertically, in accordance to the manual.

 

Q. What do I need to do in order receive my tax credit?
A
. Purchase an approved unit, then download and print the official Manufacturer’s Certificate (below). This shows that your product qualifies for the U.S. tax credit. When filing your return, complete the IRS form F5695 with the necessary information and submit your sales receipt. The certificate proves authenticity when filing your return, but does not need to be submitted. The IRS does require that you hold the certificate for your personal records.

2023 Regency Manufacturer's Certification Statement

2022 Regency Manufacturer's Certification Statement


Q. What if I have more questions about the tax credit?
A.  See this website.

For details on the previous tax credit program from 2018 - 2020  Click here.

If you still have questions about the U.S. Biomass Tax Credit, please speak to your personal tax consultant.  If you have any questions about Regency products that qualify, please contact us.

Over one thousand U.S. Regency retailers and employees remain committed to be part of the U.S. government solution to keep the country strong. Regency has been keeping American home fires burning for 40+ years, join the family today.