Advanced Wood Heating Incentives Available in VT
Homeowners can now save on average $7,000 on an advanced wood heat boiler or furnace!
Now is a great time to change the way you heat your home or business by switching to local wood! As fossil fuel prices continue to rise, heating with locally sourced wood saves you money! With a sales tax exemption and incentives, making the switch has never been easier, or more economical.
Vermont Sales and Use Tax Exemption:
Starting July 1, 2018, advanced wood heat boilers will qualify for a retail sales and use tax exemption. The exemption is on qualifying equipment and directly associated equipment must meet the following requirements: (A) installed as a primary central heating system; (B) rated as high-efficiency, meaning a higher heating value or gross calorific value of 85 percent or more; (C) containing at least one week fuel-storage, automated startup and shutdown, and fuel feed; and (D) meeting other efficiency and air emissions standards established by the Department of Environmental Conservation.
Don’t miss out – this is a limited time opportunity!
Efficiency Vermont & Clean Energy Development Fund Incentives:
Efficiency VT (EVT) has a flat-rate incentive of $3,000 for pellet boilers. Additionally, the Clean Energy Development Fund (CEDF) offers $3,000 flat-rate incentive for a total of $6,000. EVT and CEDF are working to combine these two forms into one form to be available July 1, 2018. Learn more here.
EVT also has a new custom incentive for commercial/institutional installations of pellet heating systems. Contact EVT to get details on this new program: (888) 921-5990.
In Windham County contact the Windham and Windsor Housing Trust: Tara Brown at 802-246-2119 or go to their web page to find incentives.
In Rutland County (and towns in neighboring counties that border Rutland County), contact Melanie Paskevich email@example.com at NeighborWorks of Western Vermont, (802) 797-8610). The Rutland Heard recently published an article on this program which can be read here.
Members of Washington Electric Co-op (WEC) can get a $1,000 rebate on approved pellet boilers/furnaces. This can be added to the CEDF and EVT incentives for a total of $7,000. For more information, call WEC for more information: 802-223-5245
Members of the Vermont Electric Co-op can get a $150 credit on the purchase of an approved pellet stove. Learn more here.
To find an installer of advanced wood heat systems, visit the Vermont Renewable Energy Business Listing hosted by REV.