New Hampshire Announces 30% Rebate (up to $6,000) for Bulk-Fed Wood Pellet Boilers!
New Hampshire homeowners are eligible for a 30% rebate up to $6,000 on bulk-fed wood pellet boilers systems for home heating.
The New Hampshire Public Utilities Commission (the Commission) requires pre-approval for any NH homeowner seeking a rebate payment of 30% the system and installation cost, or $6,000, whichever is less, for investments in residential high-efficiency (80% or greater), bulk-fuel fed indoor wood-pellet central heating boilers and furnaces that become operational, serving designed intent and installer-certified, between April 14, 2010 and February 15, 2012, or when funds run out, whichever comes first. Rebates for the residential central wood pellet heating system program are not available for systems installed prior to April 14, 2010.
Pre-approval will reserve your place in the funding queue. Once the wood pellet boiler system has been installed at the owner’s New Hampshire residence, the homeowner must then complete and submit the Step 2: NH Rebate Request Form. The rebate pre-approval expires three months from the date this application is approved or February 15, 2012, whichever comes first, or when funds run out.
Don't miss out on your opportunity to recieve this rebate! For details and applications click here! Or contact us by phone 207-824-6749 to be put in touch with a certified installer near you.
New Hampshire Wood Pellet Rebate Program FAQ
1. What is the origin of the New Hampshire Wood Pellet Boiler Rebate Program?
This program was made possible with funds from the American Recovery and Reinvestment Act and made available by the New Hampshire Office of Energy and Planning, to the New Hampshire Public Utilities Commission (Commission). Authorization for the Commission to administer the program was approved by the Governor and Executive Council on April 14, 2010.
2. What kind of wood pellet-fueled systems are eligible for a rebate?
Bulk-fuel fed wood pellet central boilers and furnaces that meet certain storage, automation, emissions, and other technical specifications are eligible for a rebate under this program. All technical requirements for eligible systems are detailed in Step 1 of the application form.
What is the amount of the rebate?
The rebate amount is 30% of the system cost and installation, up to a maximum of $6,000, whichever is less.
3. How do I apply for a wood pellet rebate?
To apply for a rebate, you must first complete the Step 1 application form. A hard copy of the application, signed and notarized, must be submitted to the Commission. It is recommended that you work with a qualified installer in completing your application.
After you receive Step 1 pre-approval from the Commission, you will need to document that your installation is complete, meets the specifications outlined in the Terms and Conditions in Step 1, and is operational. The Step 2 application form outlines the information required in order for you to claim your rebate.
4. If I receive a rebate from this program, am I eligible to also receive other rebates?
You may be eligible for other rebates that apply to wood pellet heating systems. The New Hampshire Office of Energy and Planning provides additional information on federal, state, and local renewable energy resources. You may also visit www.dsireusa.org and click on the state of New Hampshire for a full list of other available incentive and rebate programs.
5. If I receive a rebate, are there any tax implications?
If you receive a rebate from the Commission, you will receive an IRS Form 1099. The rebate may or may not be treated as taxable income by the IRS. This does not constitute tax advice, however, and you will need to consult your tax preparer for advice on federal tax treatment.
6. How long will it take the Commission to process my rebate application?
Depending on the initial amount of applications that the Commission receives, and the completeness of the application, it should take approximately two to four weeks for staff to process your applications.
7. I have installed a central heating system that utilizes wood pellets, but I don’t have a bulk-fed system. Will the rebate cover the costs to upgrade my system?
No, the rebate will only cover systems installed after April 14, 2010. Modifications to existing systems are not eligible to receive funding under this program.
8. How can I determine if a wood pellet heating system is right for me?
New Hampshire residents have the benefit of living in a heavily forested state, thus providing a local resource option for the production of wood pellet fuel. Wood pellet fuel is produced locally, and with established forest management, can provide a long-term solution to home heating needs without using fossil fuel-fired systems. There are many factors to consider, however, in making the decision to install a bulk-fuel fed capable wood pellet central heating system. These factors may include, naming only a few, upfront costs, ongoing fuel costs, maintenance requirements, or fuel delivery features. To learn more about wood pellet heating, the National Renewable Energy Laboratory website and the Department of Energy’s Energy Savers website both provide a good starting place to better inform your energy investment decision

