Product Brochure

2021-2023 BIOMASS STOVE INVESTMENT TAX CREDIT
Official Manufacturer’s Certificate- Cleveland Iron Works
Enerco Group Inc. (EGI) is headquartered at 4560 W. 160
th
Street, Cleveland, OH 44135. EGI manufactures
products that qualify for a renewable energy tax incentive credit as outlined under Section 25(D) of the Internal
Revenue Code.
Summary of tax credit
Effective Dates: The new tax credit, under Sec. 25(D) of the U.S. Internal Revenue Code, is in effect
from January 1, 2021 (for qualifying purchases and installations completed on or after that date)
through December 31, 2023.
Credit Amount: 26 percent of the purchase and installation costs (with no cap or lifetime limit)
for tax years 2021 and 2022; reduces to 22 percent of purchase and installation costs in 2023.
This is typically claimed on IRS Form 5695 (Residential Energy Efficient Property Credit).
Qualifying Products: Products (any biomass-fueled heater) must be at least 75 percent
efficient.
The following products are “Qualifying Products” manufactured by EGI under the Brand Name: Cleveland Iron
Works.
PS130W Large Pellet Stove (F500205)
PS60W Med. Pellet Stove (F500200)
PSBF66W Bay Front Pellet Stove (F500210)
PS20W Small Pellet Stove (F500215)
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.
For details about this tax credit, go to www.hpba.org/Advocacy/Biomass-Stove-Tax-Credit or irs.gov
Jeff Bush, President