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

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

    Digital Marketing Solution by WSI Pro Marketing