St. Croix Genuine Stoves

Pellet Stoves, St Croix Blog

RSS Grab St. Croix Genuine Stoves RSS Feed

Pellet Furnaces are Economical and Responsible Heat

Joseph Coupal - Tuesday, July 16, 2013

U.S. Senator Angus S. King introduced legislation that would recognize and promote the economic and environmental benefits of biomass thermal energy. TheBiomass Thermal Utilization Act of 2013, or BTU Act, would amend the federal tax code to incentivize biomass energy, as it already does for several other forms of renewable energy. Currently, a host of renewable energy technologies qualify for investment tax credits for capital costs incurred in residential and commercial installations. This legislation seeks to achieve parity between those renewable systems and thermal biomass systems.

“At a time when steep energy prices drain the pockets of families across America, thermal biomass systems, like wood pellet furnaces, offer a responsible and efficient way to generate clean energy, save money, and invest in our local economies,” said Senator King. “When people purchase wood pellets, they’re not only buying a home grown and home harvested product, but they’re also directly contributing to the creation of jobs and the economic health of our state. My legislation supports that effort by placing thermal biomass systems on a level playing field with other renewable energy technologies so that Mainers and Americans can better access a more affordable, sustainable, and environmentally-friendly source of energy.”

“From ensuring that federal housing and energy programs recognize wood pellet technology to helping ensure that biomass systems are included among the incentives for renewable energy, I strongly support efforts to promote biomass, which directly benefits Maine’s economy,” said Senator Collins.

“We welcome Senator King’s leadership in this ongoing battle to get Maine’s home-grown renewable fuel accorded the same tax incentives as virtually all other forms of renewable energy,” said William Bell, Executive Director of the Maine Pellet Fuels Association. “This is not just about heating homes. More than anything, it’s about jobs; the jobs that can be created by spending our fuel dollars here. We commend Senator King for making this one of his first legislative initiatives.”

“Senator King’s bill would provide highly efficient biomass thermal equipment like pellet furnaces the same incentive that exists for nearly every other renewable energy technology, including solar thermal and electric, wind, and geothermal,” said Joseph Seymour, Executive Director of the national non-profit Biomass Thermal Energy Council. “Thermal energy is typically the forgotten pathway in our national energy discussion, so the Senator should be commended for recognizing biomass thermal technologies as a base-load, local, and affordable option within our tax code.”

“We applaud Senator King for his leadership in introducing this critical piece of legislation,” said Jennifer Hedrick, Executive Director of the Pellet Fuels Institute. “Our current energy policy largely overlooks thermal energy produced from biomass. Simply stated – the BTU Act bill is good for job creation and the environment, and is a huge step forward in putting biomass thermal energy on a level playing field with competing renewable energy technologies.”

According to industry advocates, thermal biomass systems reduce heating bills by an average of 40% percent. With respect to wood pellet boilers, pellets cost roughly the equivalent of $1.70 to $2.00 per gallon of heating fuel. Additionally, nearly every cent of biomass heating investments is returned to the local economy whereas 80 percent of every heating oil dollar is sent out of the state. In New York State and New England, it has been estimated that for every 100,000 tons of pellets manufactured, 342 direct jobs are manufactured.

In Maine alone, several organizations and 36 schools operate on thermal biomass systems.

For more information on pellet or multi fuel furnaces, contact St. Croix Stoves.

king.senate.gov/newsroom/


Enter your email address:

Delivered by FeedBurner

 

other articles


    recent posts


    keywords

    heating with multi-fuel furnaces lower home heating bills multifuel stoves pellet stove rebate program, ME pellet stove rebates, MD pros of pellet stoves advantages of multi fuel furnaces pellet stoves, ME pellet fuel green heat alternative to oil heat lowering heating bills advantages of pellet furnaces pellet technology pellet stoves vs wood stoves biofuel multi fuel options federal biomass tax credit pellet stove replacement program, ME clean burning heat lower energy bills pellet stoves compared to wood stoves making fireplace more efficient wood pellets pellet furnace technology pellet furnaces biomass thermal energy mulit fuel furnaces st. croix pellet heating supplement heating system fireplace inserts biomass heating system buy pellet stoves pellet furnace rebate programs multi-fuel furnaces mulit fuel and pellet furnaces multi fuel stioves and inserts lower heating bills pellet heat pellet inserts pellet furnaces for apartments wood burning stoves multi fuel stoves heating oil prices biomass heat advantages of pellet stoves biomass multil fuel furnaces mlti fuel stoves new pellet stove pellet stove maintenance wood pellet furnaces new pellet stoves, MD lower heating costs St. Croix Pellet Stoves furnaces pellet stoves heating with pellet stoves wood pellet heating system alternative ways to heat a home pellet and multi fuel furnaces multi-fuel wood pellet stoves mult-fuel furnaces st croix stoves pellet fireplace inserts multi fuel furnaces pellet fueled furnace heat with corn pellet stoves, MD pellet and multi fuel stoves heating with pellets advantages of multi-fuel furnaces home heating bills stove inserts increasing fossil fuel prices supplemental heat lower home heating costs rebate programs rebates for pellet stoves pellet stoves and furnaces pellet stove incentives, MD pellet stove inserts benefits of pellet stoves increasing heating prices alternative heat pellet stoves and inserts St. Croix Stoves wood pellet stoves renewable heat $300 tax credits heat home more efficiently multil fuel stoves save money on heating bills pellet stove inserts, ME new furnace home heating alternative to way to heat pellets pellet heat compared to oil heat eco friendly stoves update open fireplaces advantages of multi fuel stoves federal tax credit heating with biomass free standing pellet stoves pellet stoves or wood stoves pellet stove rebates, ME multi fuel pellets winter heating efficient home heating replace oil furnaces multi fuel and pellet stoves multi fuel heating system federal tax credit for pellet stoves alternative home heating heating with corn multi fuel inserts multi-fuel stoves alternative heating renewable energy
    Copyright ©2017, St. Croix Genuine Stoves. All Rights Reserved.
    PO Box 127, 1919 Highway 34, Waco, NE 68460.

    Digital Marketing Solution by WSI Pro Marketing