Wednesday, November 05, 2008

Wood Pellet Subsidy
November 5, 2008

There's a new way to heat your house, and the provincial government is going to subsidize it to get it going. The province will put up $500,000 to provide a 25 per cent rebate on the installation of a wood pellet appliance. The objective is is to create a local market to enable sawmills in the province to diversify into wood pellet manufacturing.

The appliance must be purchased by the end of next February.

The minister, Kathy Dunderdale, says producing wood pellets from sawdust, tree bark and shavings will improve the financial position of sawmill operations.

The stoves cost between $1500 and $4500 with the province putting up 25 per cent of the cost.

It's not a new way to heat your home as the article suggests. The Wood Pellet stoves have been around for decades but now it looks like it may be more affordable to purchase one and those that work in the forest industry may benefit also. Thumbs up to the Government for this release. Hopefully if Pellets are manufactured here in the province they'll be much cheaper to purchase then the ones that are now shipped in.

From an environmental point of view i think it sounds great. No new trees will be harvested and the residue from the saw mills that are usually left to rot or put into land field sites will now find a use and create jobs. So government,lets see if we can start soon!

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