IRS withdraws right of Shaver Furnaces to claim tax credit

The Alliance for Green Heat, Feb 1, 2013

In May 2010 the Alliance for Green Heat wrote to the IRS, urging them to look into the matter of unqualified outdoor wood boilers claiming to be 75% efficient.

The Alliance had found one manufacturer, Shaver Furnaces, who had certified their unqualified boilers as 75% efficient lower heating value (LHV) allowing customers to claim what was then a $1,500 tax credit. KEEP READING >>