Rebates & Tax Credits

Rebates & Tax Credits

The Savings Are Heating Up

Modern wood heat is a safe, sustainable alternative for heating your home or business. Here in the Northern Forest, wood pellets and wood chips are collected from sustainable forest management projects and repurposed as fuel, later replenished by renewed forest growth. It’s a process that protects the greater global environment while contributing to the health and longevity of local forests.

More great news: There are great incentives from your home state to help make the change to renewable energy even more affordable.

Discover how state incentives are making modern wood heat systems more affordable than ever.

State Rebates

Take advantage of state rebates and grant programs designed to lower purchase and installation costs for modern wood heat systems.

Maine: Efficiency Maine rebates cover 1/3 of project costs, up to $6,000, for any home or business installing an eligible wood boiler or furnace. On an application basis, Efficiency Maine’s Thermal Energy Investment Program (TEIP) provides an incentive valued at 45% of the combined cost of equipment and installation of new wood heating systems for businesses, municipalities, educational institutions, and non-profit organizations. An additional 20% incentive may apply if the project includes the installation of advanced emission controls or BTU meters.

New Hampshire (Closed Until Further Notice): New Hampshire Department of Energy rebates cover 40% of the purchase and installation of an eligible wood pellet boiler or furnace, up to $10,000, for residential systems and, up to $65,000, for commercial systems. The Department also provides rebates covering 30% of the cost of a thermal storage tank, up to $5,000, as well as rebates valued at $5,000 for BTU meters.

Vermont: Efficiency Vermont rebates cover up to $6,000 for the purchase and installation of a wood pellet boiler or furnace for homeowners and businesses with buildings smaller than 5,000 square feet. Efficiency Vermont provides $400 rebates for wood and wood pellet stoves. Additionally, Efficiency Vermont provides custom incentives for businesses with buildings over 5,000 square feet. The Department of Forests, Parks and Recreation provides grants and technical support for wood heating systems for commercial customers, including schools, municipalities, and working lands businesses.

Ready to Make the Switch?

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