Feds stimulate local shopping

Government is issuing tax credits for energy-efficient stoves
By: Joyia Emard, Loomis News Staff Writer
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The calendar may say summer, but federal stimulus funds make thinking about winter a bright idea. The federal government is offering a consumer tax credit of 30 percent, or up to $1,500, for the purchase of 75 percent efficient biomass-burning (pellet or wood) freestanding stoves, fireplaces and fireplace inserts that are EPA certified by their manufacturer. In addition, Placer County Air Pollution Control District is offering county property owners flat rebates of $750 on the same items with a voucher received in advance of purchase as an incentive to replace non-certified wood stoves or open hearth fireplaces. These rebates and tax credits can cut the price of some replacements in half. “Our industry has never seen anything like this in 50 years,” said Keith Bond, owner of Foothill Fireplace/Valley Stove. Bond sells, installs and services freestanding stoves, fireplaces and fireplace inserts. He caters to both wholesale and retail business at his Swetzer Road location. He explained that the price of a $2,450 fireplace insert could be cut in half when applying the 30 percent tax credit and $750 rebate. Bond and his wife, Barbara, along with their sons, Steven, Kevin and Jared, operate the family business. Bond runs the business, his sons are in charge of service and installation, and his wife handles administration, sales, ordering and scheduling. “She’s the glue, the peacemaker,” he said of his wife. According to Bond, his father started the business in the Bay Area 50 years ago. He said he began working in the store at age five and has been running it since 1975. Two years ago he moved the business to Loomis. Stove Connection on Taylor Road is also a family-run stove and fireplace store that carries items eligible for the tax credit and rebate. The store is owned by Bob Kendrick. His sister Jeannie Kendrick helps him run it. “We have a number of manufacturers whose products meet the guidelines for the tax credit,” Jeannie said. The Kendricks advise potential customers to be sure to apply for the county rebate soon, as the supply is limited. “People need to be sure not to purchase the item before they receive the voucher,” Jeannie said. The federal tax credit is available now and can be applied to all allowable purchases made between Jan. 1, 2009 and Dec. 31, 2010. Buyers must include the purchase price on their tax returns and save the receipt. Installation, venting and labor costs may be included. According to the county Web site, rebate vouchers are available twice a year through the county’s wood-burning stove replacement program called Burn Bright, Burn Right, on a first-come basis, as funding is available. The amount is $750, or for property owners at or below 60% of the Placer County median income the amount is $1,500. The voucher must be received before a purchase is made. Applications are available at or by calling (530) 745-2316. KNOW AND GO Foothill Fireplace/Valley Stove 3129 Swetzer Road Loomis 652-1060 The Stove Connection 3719 Taylor Road Loomis 652-4560