Reminder for Bioheat® Users: Claim Your NY State Clean Fuel Tax Credit!

New York State Clean Fuel Tax Credit for bioheat

An aggressive plan by New York State to reduce greenhouse gas emissions 40 percent from 1990 levels by 2030 turns out to be great news for you if you use Bioheat® in your eastern Long Island home.

In case you didn’t know (or forgot), a per-gallon Clean Fuel Credit is available on your NY State income taxes for your annual Bioheat purchases; the amount of the credit is $.01 per percentage point of biodiesel in your Bioheat heating oil blend (the “B” number on your Bioheat…B5 = five percent biodiesel, B10 = 10 percent, etc.) times the number gallons you purchased.

So, for example, if used 750 gallons of B20 Natural Heating Oil® from Burt’s Reliable (our brand of Bioheat)in 2019, you qualify for a $150 clean fuel tax credit ($.20 X 750 = $150)!

How do I apply for a Clean Fuel Tax Credit?

We’ve gathered instructions for applying for your Clean Fuel Credit, as well as Form IT-241 Claim for Clean Heating Fuel Credit) here on our website; it is also available on the NY State Department of Taxation and Finance website.

If you’re a Burt’s Reliable customer, you may have already received an annual usage statement listing all deliveries by date and gallons delivered; simply use these figures to apply for the Clean Fuel Credit. If you have not received this statement, contact us so we can make sure you have what you need.

If you’re not a Burt’s customer, why not become one and experience the Burt’s difference for yourself? We have the most reliable delivery of high quality B20 biofuel in eastern LI service area.

Expecting a tax refund this year? Consider making an investment in your comfort at home! Contact us today to learn about the top quality, high-efficiency oil heating equipment we offer, then fuel it with reliable Natural Heating Oil deliveries in Long Island’s East End and North Fork for years to come.

Contact us today to learn more.