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 furnace technology pellet furnace rebate programs new furnace wood pellet stoves new pellet stoves, MD multi fuel stioves and inserts pellet and multi fuel stoves stove inserts supplemental heat lower energy bills new pellet stove heating oil prices multi fuel options pellet and multi fuel furnaces multi fuel and pellet stoves pellet stove replacement program, ME biofuel heating with pellet stoves pellet stoves compared to wood stoves update open fireplaces buy pellet stoves alternative home heating wood pellet furnaces mulit fuel furnaces multi-fuel stoves pellet stove rebates, ME pellet stove rebate program, ME heating with corn multi fuel furnaces alternative to way to heat pellet furnaces pellet stove inserts, ME multil fuel furnaces rebates for pellet stoves pros of pellet stoves pellet stoves, MD pellet inserts pellet stoves and inserts multi-fuel wood pellet stoves mult-fuel furnaces st croix stoves biomass heating system pellet technology pellet furnaces for apartments making fireplace more efficient lowering heating bills multi fuel inserts lower heating costs pellet stoves and furnaces multil fuel stoves wood burning stoves clean burning heat federal tax credit lower heating bills pellet stoves pellet stove inserts increasing heating prices multi fuel heating system pellet stove maintenance home heating alternative to oil heat renewable heat multi-fuel furnaces wood pellets heat home more efficiently heating with pellets fireplace inserts alternative heating advantages of pellet furnaces multi fuel stoves lower home heating costs pellet stove rebates, MD pellet heat heating with biomass pellet stoves vs wood stoves federal tax credit for pellet stoves pellet fuel multifuel stoves increasing fossil fuel prices pellets $300 tax credits winter heating biomass thermal energy advantages of multi-fuel furnaces pellet fireplace inserts lower home heating bills St. Croix Pellet Stoves home heating bills benefits of pellet stoves renewable energy pellet stoves or wood stoves pellet fueled furnace eco friendly stoves biomass heat st. croix advantages of multi fuel stoves free standing pellet stoves alternative ways to heat a home efficient home heating biomass mulit fuel and pellet furnaces St. Croix Stoves pellet heating furnaces advantages of multi fuel furnaces heat with corn replace oil furnaces federal biomass tax credit pellet stove incentives, MD pellet heat compared to oil heat save money on heating bills multi fuel pellets heating with multi-fuel furnaces green heat alternative heat mlti fuel stoves wood pellet heating system pellet stoves, ME rebate programs supplement heating system advantages of pellet stoves
    Copyright ©2018, St. Croix Genuine Stoves. All Rights Reserved.
    520 E Avenue NW Cedar Rapids, IA 52405

    Digital Marketing Solution by WSI Pro Marketing