Residents could receive up to $15,000 toward the purchase of new, high efficiency models
BOSTON – Massachusetts Clean Energy Center (MassCEC) CEO Alicia Barton and Massachusetts Department of Energy Resources (DOER) 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.
As part of the Patrick-Murray Administration’s efforts to meet its greenhouse gas emission reduction goals in the Clean Energy and Climate Plan, DOER is dedicating approximately $30 million in Alternative Compliance Payment (ACP) funds, in coordination with the MassCEC and Mass. Department of Environmental Protection, to establish a pilot funding program, which will support renewable thermal installations, including high-efficiency heat pumps and clean biomass heating, like wood pellet boilers. Pilot programs will help inform DOER on the market and economic status of these technologies, and support policy development for renewable thermal energy.
Funding for this program comes from the 2010 and 2011 ACP Spending Plan. ACPs are paid by electric retail suppliers if they have insufficient Renewable Energy Certificates to meet their compliance obligations under the Renewable Portfolio Standard programs. DOER establishes the plan for use of these funds to support clean energy development in the Commonwealth.
Created by the Green Jobs Act of 2008, the Massachusetts Clean Energy Center (MassCEC) is dedicated to accelerating the success of clean energy technologies, companies and projects in the Commonwealth—while creating high-quality jobs and long-term economic growth for the people of Massachusetts. Since its inception in 2009, MassCEC has helped clean energy companies grow, supported municipal clean energy projects and invested in residential and commercial renewable energy installations creating a robust marketplace for innovative clean technology companies and service providers.
The Massachusetts Department of Energy Resources develops and implements policies and programs aimed at ensuring the adequacy, security, diversity, and cost-effectiveness of the Commonwealth’s energy supply within the context of creating a cleaner energy future.