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Wed, May 15, 2024

Do Not Wait Until the Last Minute to Get a Wood...

You may not be thinking much about your fireplace or wood stove as temperatures start to warm up during the spring and summer months. Even though the temperatures are nice right now, it will not be too long before winter will return once more. Rather than waiting until the last minute, now is a great time to inspect, clean, repair, or replace your fireplace or wood stove. This is also an ideal time to get a wood stove insert installed when you want to improve your heating efficiency.

A Wood Stove Insert Fits Into Existing Spaces in Your Fireplace or Stove

A wood stove insert, which is available on our website, here at Copperfield Chimney Supply, will fit into the existing space of your current fireplace and will create a sealed system. You can also use this type of insert when you want to improve the efficiency of your current wood stove. In most cases you can use your existing chimney by making slight modifications to accommodate the insert.

Author: Rick Eudaley, Copperfield Chimney Supply Inc.

Wed, May 15, 2024

Analysis: Wood fuel poised to be next global co...

Wood fuel, one of the oldest energy sources on the planet, could become the newest commodity market if it can overcome supply limits and green concerns as demand grows for renewable energy.

Supply constraints are starting to put wood fuel into competition with the paper industry, experts say, in an uneasy reminder of existing tension between the food industry and companies making biofuels from food crops.

In theory burning wood and crop waste emits less carbon than fossil fuels because it simply returns to the air carbon accumulated by plants as they grow, but that balance breaks down if stock is not replanted, or natural forests are logged.

In the meantime, utilities are burning biomass in ever greater amounts and now want price certainty and derivatives to manage their cost exposure in forward power sales, although European policymakers are mulling limits on subsidies for burning wood fuel given concerns about deforestation.

"It's coming very fast," said John Bingham, a director at consultants Hawkins Wright, referring to the development of an open market, and citing Eurostat data showing EU imports of wood pellets up 42 percent last year.

He saw increasing evidence of a larger scale market including big producers of wood pellets in Europe and North America and big intermediaries, such as Cargill and Gazprom, to balance large utility buyers.

Shaped wood pellets are made for the energy sector, while raw wood chips are used mostly by the paper industry.

The energy exchange APX-Endex is working with the Port of Rotterdam to supply an exchange-traded pellet product this year, while index provider FOEX has joined up with specialists Wood Resources International (WRI) for a global wood chip index.

Those developments herald a gradual shift to a more transparent market beyond bilateral deals between suppliers and users, such as timber companies and utilities.

APPETITE

Indicating the size of appetite, Britain's biggest coal-fired power plant, Drax, burned nearly 1 million tonnes of biomass last year, more than double previous years, while burning ten times that amount of coal.

Drax says biomass expansion depends on clearer UK support, under power market reforms to be announced before the summer. Its sources include straw and energy crops such as miscanthus.

Wood pellets have about 70 percent of the calorific value of coal, experts say.

The British arm of German utility RWE, RWE npower will this year convert a coal plant near London to burn biomass.

The aging plant will burn 2 million tonnes through 2015, when it is due to close, said a spokesman who added the facility would be a test bed for the alternative fuel.

That compares with domestic UK wood fuel production, excluding recycled or waste wood, of about 1.5 million tonnes annually, according to Forestry Commission data, underlining a need for a global trade.

It is an open question whether there is enough volume for an open market, however, given utilities have already tied up large volumes in long contracts, or produce pellets for themselves, said WRI's Hakan Ekstrom.

If EU wood fuel subsidies were more predictable and reliable -- for example the UK support to be announced in the next few weeks -- then utilities would commit to buy bigger volumes, and so motivate more supply, traders say.

But new utility demand for wood fuel, subsidized by EU low-carbon incentives, may also impact the paper and even construction industries, Ekstrom added.

"The concern is that the energy industry is starting to compete with pulp in particular but even MDF or particle board plants. They don't like to see that the energy sector is subsidized so that they can pay more for chips and pulp logs.

Author: Rick Eudaley, Copperfield Chimney Supply Inc.

Wed, May 15, 2024

The Modern Wood Burning Stove

A wood burning stove can be added to any room of the house to provide heat and warmth on cold winter's nights. Modern versions of the traditional classic type of stove provide high energy efficiency to keep the most warmth in the home and prevent it from escaping through the chimney. There are many types and models to choose from, including cast iron wood stoves and steel wood stoves.

Buy wood stoves here!

Author: Rick Eudaley, Copperfield Chimney Supply Inc.

Wed, May 15, 2024

Solidly Constructed Wood Burning Stove

Wood burning stoves are a sturdy, reliable method of home heating. With the solid construction of the stoves we sell here at Woodstoves-fireplaces.com , you can rest assured that your home will safe from the flames dancing only a few inches away. With steel top and sides, a cast iron door, a firebrick lined interior and thick, resistant glass for viewing, our Napoleon wood stoves and Majestic wood stoves will provide your home, and family, with many days and nights of warmth and beauty.

Author: Rick Eudaley, Copperfield Chimney Supply Inc.

Wed, May 15, 2024

Biomass Stove Tax Credit

Biomass Stove Tax Credit Extended to December 31, 2020

Tax credits are powerful incentives for potentially hesitant consumers to invest in new biomass-fueled freestanding stoves and energy conservation technology. For nearly a decade,

HPBA has worked in Washington, D.C. to maintain a tax credit for purchasers of new biomass stoves so that communities and individuals can reap the financial and environmental benefits that newer, more efficient technology provides.

UPDATE: In late December 2019, the biomass stove tax credit was extended for qualifying purchases made before December 31, 2020. Remind consumers that they are able to claim the credit on their 2018 and 2019 returns if they made a qualifying purchase in those tax years.

HPBA continues to fight for another extension of this important incentive for consumers to invest in cleaner, more efficient technology.

Industry Specific FAQs

When does this tax credit go into effect and how long will it last?

This tax credit is valid only for the purchase and installation of a qualifying biomass stove made before December 31, 2020. Consumers would claim the tax credit in the year in which it was purchased.

What is the Biomass Stove Tax Credit? What products qualify?

This federal tax credit is an opportunity for the hearth industry to promote energy-conscious purchases to consumers that improve the energy efficiency of their home. It is a $300 dollar-for-dollar, non-refundable, tax credit for purchasing a qualifying biomass-burning stove before December 31, 2020. Biomass simply means the stove uses wood or pellet fuel.

Any biomass appliance that meets or exceeds an energy efficiency rating of 75 percent qualifies for this credit. This credit applies to qualifying stoves that heat the air or water. However, visit your local specialty retailer who can explain which products qualify for the tax credit. Manufacturers must provide documentation proving in some way that the appliance qualifies for the credit.

What Does the IRS Say?

Energy-efficient building property (covered by this credit includes) a stove that uses the burning of biomass fuel to heat your home or heat water for your home that has a thermal efficiency rating of at least 75%.

What must a manufacturer's certification statement contain?

A manufacturer's certification statement must contain the following information:

  • The name and address of the manufacturer.
  • Identification of the class of qualified energy property (Biomass-Burning Stove) in which the property is included.
  • The make, model number and any other appropriate identifiers of the stove.
  • A statement that the product is an eligible qualified energy property.
  • A manufacturer's certification statement must contain a declaration, signed by a person currently authorized to bind the manufacturer in these matters, in the following form: "Under penalties of perjury, I declare that I have examined this certification statement, and to the best of my knowledge and belief, the facts are true, correct, and complete."

If a customer claimed this tax credit in past years, may they claim it again this year?

Yes, but only if they haven't reached the credit claim cap of $500. That said, if consumers are in your store looking to update their appliance, there may be stove accessories that you could recommend to enhance their experience (even if they aren't eligible for the tax credit).

What Does the IRS Say?

If the total of any non-business energy property credits you have taken in the previous years (after 2015) is more than $500, you generally cannot take the credit.

Why was 75 percent efficiency selected?

The 75 percent efficiency number was originally designated by the U.S. Congress in 2008 as part of the Emergency Economic Stabilization Act and was used again for this tax credit.

Does the stove need to be manufactured in the U.S. to qualify for the credit?

No, there is no "Buy America" component to this tax credit.

What should a retailer advise the customer retain for tax purposes?

Retailers and consumers must keep exact records of any sale or purchase. Retailers should provide a consumer with the manufacturer's certification statement for the specific product model purchased. A consumer may rely on a manufacturer's certification statement that their products are qualified energy property. A taxpayer is not required to attach the certification statement to the return on which the credit is claimed. A consumer claiming a credit for the qualified non-business energy property should retain the certification statement as part of the taxpayer's records.

Manufacturers should make this certification document available to consumers on their website, in the product packaging, or in some other easily accessible manner.

What Does the IRS Say?

For purposes of taking the credit, you can rely on a manufacturer’s certification in writing that a product is qualified residential energy property. Do not attach the certification to your return. Keep it for your records.

Author: Copperfield Chimney Supply

Wed, May 15, 2024

Napoleon Wood Stoves Help Reduce Energy Bills

During the colder months of the year, you can use Napoleon Wood Stoves to provide heating for the rooms in your home. You can install wood stoves in any room you desire and do not have to be limited to living room alone. Modern wood stoves are available in a variety of sizes. Wood is a renewable energy source which provides a more efficient way to heat the home and reduces your reliance on electric and gas heating.

Napoleon Wood Stoves are Energy Efficient

When selecting Napoleon wood stoves you will want to determine where you want to place the wood stoves in your home. Some styles will need to be placed away from the wall due to the amount of heat they give off. There are some models available which only need to have about 8 inches of clearance from the wall. All modern wood stoves are energy efficient with high heating efficiencies. You can find all your home hearth needs, including wood stoves when you shop at Copperfield Chimney Supply .

Author: Rick Eudaley, Copperfield Chimney Supply Inc.