Efficient Wood Stoves And Fireplace Inserts Wood Are Good Investments
Ahh, the roar, crackle, aroma and warmth a wood stove brings. Not only is the fire produced in it magnificent, but also the stove serves as a central gathering point, bringing friends and family together. You might not know this, but now the EPA regulates wood stoves, making sure they are efficient. These new EPA Phase 2 ones bring together the fun of the past and the environmental concerns of the future, making them good investments for your home. Another good investment you can make is in fireplace inserts wood that burn cleanly and effectively, too. Currently, the EPA is offering a tax credit of 30 percent, up to $1500, if you purchase and install a qualifying wood stove or wood fireplace insert that meets a 75 percent efficiency rating. That means you can spend up to $5000 on the purchase and installation of new effective and eco-friendly heating source as long as it's for your primary residence (vacation homes and rentals don't qualify). The tax credit brings the price of...