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

    pellet stove rebates, MD pellet fireplace inserts buy pellet stoves alternative to way to heat new pellet stoves, MD federal biomass tax credit heating oil prices St. Croix Pellet Stoves pellet fueled furnace pellet stoves vs wood stoves lower heating bills pellets replace oil furnaces stove inserts heating with biomass pellet heat compared to oil heat st. croix new furnace multi-fuel furnaces biomass thermal energy pellet fuel multi fuel heating system pellet stoves and inserts update open fireplaces heat home more efficiently increasing fossil fuel prices pellet furnace rebate programs pellet stove rebates, ME rebate programs pellet stoves, MD mlti fuel stoves benefits of pellet stoves multi fuel and pellet stoves lower home heating costs heat with corn St. Croix Stoves pellet furnaces renewable energy multi fuel stoves heating with pellet stoves home heating multil fuel stoves eco friendly stoves supplemental heat multi fuel pellets pellet stoves, ME alternative ways to heat a home pellet technology pellet and multi fuel stoves alternative to oil heat multi-fuel stoves multi fuel inserts pellet furnaces for apartments wood pellets pellet stove replacement program, ME pellet heating federal tax credit for pellet stoves lower home heating bills lower heating costs free standing pellet stoves pros of pellet stoves pellet stoves and furnaces pellet furnace technology pellet stoves clean burning heat alternative heating pellet stove inserts, ME rebates for pellet stoves wood pellet furnaces pellet stove rebate program, ME green heat save money on heating bills biofuel pellet and multi fuel furnaces pellet heat renewable heat heating with pellets fireplace inserts mulit fuel furnaces pellet stoves or wood stoves multi fuel furnaces $300 tax credits increasing heating prices making fireplace more efficient pellet stove inserts pellet stove maintenance lower energy bills multifuel stoves alternative home heating alternative heat pellet inserts new pellet stove multi fuel stioves and inserts biomass heating with multi-fuel furnaces efficient home heating federal tax credit heating with corn pellet stove incentives, MD home heating bills biomass heat supplement heating system biomass heating system wood burning stoves wood pellet stoves winter heating advantages of pellet stoves lowering heating bills wood pellet heating system advantages of multi fuel stoves multil fuel furnaces pellet stoves compared to wood stoves advantages of multi-fuel furnaces multi fuel options mulit fuel and pellet furnaces advantages of multi fuel furnaces advantages of pellet furnaces multi-fuel wood pellet stoves mult-fuel furnaces st croix stoves furnaces
    Copyright ©2017, St. Croix Genuine Stoves. All Rights Reserved.
    520 E Avenue NW Cedar Rapids, IA 52405

    Digital Marketing Solution by WSI Pro Marketing