This press release just in from the state:
Massachusetts Clean Energy Center CEO Alicia Barton and Massachusetts Department of Energy Resources Commissioner Mark Sylvia today announced the launch of a new $475,000 incentive program to help residents install high-efficiency wood pellet boilers in their homes or small businesses.
Residents who participate in the program – which is a partnership between MassCEC and DOER – can receive rebates of up to $15,000 for installing high-efficiency wood pellet boilers.
Base rebates will begin at $7,000, with a cap of $15,000 per applicant available if other program requirements are met. The anticipated average rebate will be between $10,000 and $12,000. New wood pellet boilers typically cost more than $20,000 fully installed.
“These new boilers will help families save money, while decreasing dependence on expensive, unhealthy fossil fuels,” said Barton. “Programs like this are another example of our investments in a clean energy future for Massachusetts residents.”
Wood pellets produce the same amount of heat for half the price of home heating oil, when savings are calculated per British thermal unit (Btu), the traditional measure of heat energy.
“We are pleased to offer yet another innovative, accessible program that will reduce energy consumption and save homeowners money each year,” said Sylvia. “This program furthers the investment the Patrick-Murray Administration is making to support renewable heating technologies, an important part of our economic and environmental goals.”
Residents may print an application, and access more information on the program, by visiting www.masscec.com/smallscalepellet.
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