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Tax-Credits & Incentives

States - Massachusetts

Massachussetts has become one of the leading states in the nation since 2012 to provide incentives for new stoves and boilers.

1. As of March, 2013 the state is providing up to $15,000 to install a small pellet boiler. The rebate is $7,000 for the boiler, an additional $3,000 for automated conveyance of fuel, $2,000 for thermal storage, $1,000 for solar thermal hybrid system and $2,000 for moderate income families.
http://www.mass.gov/eea/pr-2013/discounts-for-high-efficiency-wood-pellet-boilers.html

2. In late 2012 and early 2013, the state provided more than $1 million for a Woodstove Change-Out Pilot Program – which provided rebates for the replacement of old, inefficient wood- or coal-burning stoves. The program ended on Jan. 27, 2013 and had provided vouchers of $1,000 or $2,000 to replace older, non-EPA certified stove models with high-efficiency stoves that use less wood and release less air pollution. To qualify, residents must already have had an existing woodstove to trade in and must have received approval for a rebate before purchasing the woodstove.
http://www.masscec.com/index.cfm/page/Commonwealth-Woodstove-Trade-in- Program-Closes/cdid/14552/pid/11150

3. MassSAVE's Heat Loan Program provides customers the opportunity to apply for a 0% loan from participating lenders to assist with the installation of qualified energy efficient improvements in their homes. The loans are available up to $25,000 (depending on utility & lender) with terms up to 7 years. To qualify for the loan, the customer must own a one-to-four-family residence, obtain a Mass Save Home Energy Assessment, and install qualified energy efficiency measures recommended by a Mass Save representative. Through the program, home owners can secure 0% loans for efficient wood stoves.

For more information click here

Updated: March 5, 2013
 
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