There are new incentives for homeowners and businesses to update old heating furnaces in New York in favor of more wood heating. Renewable Heat N.Y. is a $27 million initiative that will spread the use of sustainable, high-efficiency, low-emission wood heating in New York. This initiative will also develop a more clean technology manufacturing sector in New York, a skilled installer base and sustainably harvested wood fuels from forests.
This means that wood pellet stoves should increase in the state. The incentives for residencies are $1,000 or up to $1,500 for income-qualified homeowners. In addition, residential customers and small commercial customers are also able to receive a $4,000 incentive for the recycling of old outdoor/indoor wood boilers and an additional 20% of installed costs of up to $4,000. Small commercial customers can also receive an incentive of up to 25% of total installed, up to $100,000, for the installation of a large pellet boiler with thermal storage. Large commercial customers are eligible for up to 20% of the installed cost, up to $100,000 for the installation of a large pellet boiler with thermal storage. Large customers can receive an incentive of up to 25% of the installed cost, up to $150,000, for the installation of a tandem pellet boiler with thermal storage.
This energy and natural gas provider serves 40% of upstate New York, NYSEG are helping spread this initiative, and you can learn more about this story from their web resources here: http://www.lookupstateny.com/WhoWeAre/nysegsnewyork.html
Source: http://biomassmagazine.com/articles/10717/n-y-announces-biomass-thermal-incentives-rps-solicitation
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