30% Tax Credit in Stimulus for Biomass

Post Reply
Posts: 133
Joined: Sat. Sep. 06, 2008 10:07 pm
Stove/Furnace Make: Van Wert Simplex Multitherm
Stove/Furnace Model: Keystoker Kaa-2

Post Tue. Feb. 24, 2009 11:01 pm

The wood and pellet guys are advertising a component of the 2009 Stimulus Program. This program expands upon the Bush plan in that it allows a 30% (as opposed to $300) tax credit on the purchase of biomass heating units achieving efficiencies of at least 75%. It maxes out at $1500. That's real money. A $4500 wood or pellet boiler could now be more like $3000. Sure coal is still cheaper per BTU (by far), but sooner or later, we will be getting a "fossil fuel BTU tax" just like in Europe. It's just a matter of time.

I know that most of us are coal burners, but in my case it had more to do with overall economics, automation, and function. For those of us with family or friends considering a solid fuel choice, that cash could definitely tip the scales toward wood. If those incentives are out there, everybody should know about them.

User avatar
Posts: 1055
Joined: Sun. Dec. 02, 2007 8:13 pm
Stove/Furnace Make: Alaska
Stove/Furnace Model: Channing III

Post Tue. Feb. 24, 2009 11:21 pm

Most of the tax credits for energy upgrades have been doubled under the new stimulus plan. Details here


User avatar
Posts: 81
Joined: Tue. Nov. 04, 2008 5:08 pm
Hand Fed Coal Stove: Alaska Kodiak; Atlanta Homesteader
Stove/Furnace Make: Alaska; Atlanta
Stove/Furnace Model: Kodiak; Homesteader
Location: Upstate New York

Post Wed. Mar. 18, 2009 9:46 pm

As far as I'm concerned, coal is "the ultimate" biomass fuel. It's just not from the current model year :D !!

User avatar
Posts: 2599
Joined: Tue. Jan. 08, 2008 9:51 pm
Stoker Coal Boiler: EFM 520, 700, Van Wert 800 GJ 61,53
Baseburners & Antiques: Magic Stewart 16, times 2!
Coal Size/Type: Lots of buck
Other Heating: Slant Fin electric boiler backup
Location: Malta N.Y.

Post Wed. Mar. 18, 2009 9:51 pm

So buy one that burns coal too. :) Scott

User avatar
Posts: 3548
Joined: Sat. Mar. 17, 2007 6:29 pm
Stoker Coal Boiler: AA130's,260's, AHS130&260's,EFM900,GJ & V-Wert
Hand Fed Coal Boiler: Franks,Itasca 415,Jensen, NYer 130,Van Wert
Hot Air Coal Stoker Furnace: Alaska, EFM, Keystoker, Yellow Flame
Hot Air Coal Stoker Stove: Alaska, Keystoker-2,Leisure Line
Hand Fed Coal Stove: Alaska, Gibraltar, Keystone,Vc Vigilant 2
Hand Fed Coal Furnace: Ford, Jensen, NYer, Van Wert,
Baseburners & Antiques: Glenwoods
Coal Size/Type: Barley, Buck, Rice ,Nut, Stove
Other Heating: Oil HWBB
Location: Central NH, Concord area

Post Wed. Mar. 18, 2009 9:54 pm

Hey, there are NO bio-fuel boilers for 4500 greenbacks. Isn't happening this year or next, soooooooo

User avatar
Richard S.
Posts: 12736
Joined: Fri. Oct. 01, 2004 8:35 pm
Stoker Coal Boiler: Van Wert VA1200
Coal Size/Type: Buckwheat/Anthracite
Location: NEPA

Post Tue. Mar. 24, 2009 5:23 pm

Even with a rebate a lot of people will not save money. Lowes has a 40 lb. bag of pellets listed at $6.49

To keep it simple lets say $6 per 40 lb. bag of coal or $300 per ton BUT we need about 1.5 tons of pellets to equal 1 ton of coal. So we have about $450 compared to whatever you're paying for coal per ton... It's a significant difference. In my case about It would cost me $2000 more in heating season if I used pellets.

Post Reply

Return to “Wood, Pellets, Gas, Oil, Geothermal & Other Heating Types”