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U.S. Department of Energy
Office of Scientific and Technical Information

Assessment of proposed federal tax credits for residential wood-burning equipment

Technical Report ·
OSTI ID:6744544
The key conclusions of a comprehensive review of issues influencing whether or not residential wood burning equipment should be included in the Energy Tax Act of 1978 tax credit program for individuals are summarized. The issues specifically addressed include: historical sales and market trends, oil savings vs. tax revenue loss, performance and safety standards, environmental impacts, resource availability, balance of payments impacts, consumer economics, and employment and other social impacts. A number of policy options and alternatives that need to be considered in the decision of whether or not to include residential wood burning equipment in the energy tax credit program are listed. (LEW)
Research Organization:
Booz, Allen and Hamilton, Inc., Bethesda, MD (USA)
DOE Contract Number:
AC03-77CS21693
OSTI ID:
6744544
Report Number(s):
DOE/CS/21693-T5; ON: DE83002201
Country of Publication:
United States
Language:
English