Biomass Energy
How Can I Use It?
Biomass Energy
How Can I Use It?
Biomass is a renewable energy source
generated from burning wood, plants,
and other organic matter, such as
manure or household waste. When
burned, biomass releases carbon dioxide (CO2), but considerably less than
fossil fuels.
Biomass
What can you get?
Cost:
- Home pellet stove is approximately $5,500
- A Log boiler is approximately $15,000
- An automatically fed pellet boiler is approximately $19,000
- Self-installation pellet stoves have significantly lower costs
- Wood-burning fireplaces, another way to use biomass in homes, typically cost
between $1,900 to $3,300 to install, although they are often pre-installed in older
homes
Costs can vary significantly depending on the source and proximity to processing
facilities.
Locally sourced biomass is typically cheaper than transporting it long distances.
- Home pellet stove is approximately $5,500
- A Log boiler is approximately $15,000
- An automatically fed pellet boiler is approximately $19,000
- Self-installation pellet stoves have significantly lower costs
- Wood-burning fireplaces, another way to use biomass in homes, typically cost between $1,900 to $3,300 to install, although they are often pre-installed in older homes
Costs can vary significantly depending on the source and proximity to processing facilities. Locally sourced biomass is typically cheaper than transporting it long distances.
Financial Rebates and Tax Credits:
Federal Tax Credits:
The U.S. Inflation Reduction Act of 2022 offers a 30% tax credit on installing qualified biomass heating systems, including stoves and boilers, with a maximum credit of $2,000. This credit applies to systems purchased and installed between 2023 and 2032.
State and Local Rebates:
Many states and municipalities offer additional rebates and incentives for installing biomass heating systems. Check with your local energy office or renewable energy agency for specific programs.
Energy Efficiency Program: Net Metering
Some utility companies offer net metering programs for biomass-powered generators. These programs allow you to sell excess energy to the grid, potentially reducing your electricity bills.
