Times Argus: Welch bill would boost biomass heat
Rep. Peter Welch announced bipartisan legislation Tuesday that would make it more affordable for Vermonters to install wood heating systems in their homes or businesses.
The Biomass Thermal Utilization Act would expand the existing renewable energy tax credit to include wood heating systems.
Welch made the announcement at National Life Group’s Montpelier campus. The company installed a wood heating system in 2010 that has reduced its carbon footprint by 45 percent and heating costs by 50 percent. Welch was joined by representatives from Vermont’s biomass industry and energy conservation leaders.
Welch touted biomass systems as a way to reduce reliance on fossil fuels and spur Vermont’s wood fuel industry.
The BTU Act adds high-efficiency biomass thermal to the list of renewable energy technologies that currently qualify for investment tax credits. The credits currently apply to solar thermal and geothermal technologies.