I know that there are sites and forums for making your own pellets and I don't know if you all frequent both here and there. However, for multifuel stoves, it appears that these 'home made pellets' made out of hay, sawdust, or other bio-crop remains work just fine. The big drawback is justifying the price, at least for me. I searched the DOE site but couldn't find any reference to these small machines as far as tax breaks go. I wrote a letter to the Secretary of Energy and said this:
Hi
Greetings,
I am thrilled to be able to take advantage of some of the energy saving tax credits put forth in the Economic Stimulus package, such as biomass pellet stoves to heat my house. In searching through your site, I see several categories for using biomass to generate biodiesel and ethanol; however, I don't see any incentives to make the biomass pellets for these pellet stoves. Of course, there are now several mills set up to manufacture pellets made from sawdust; however, they ONLY use sawdust and because of the housing starts being down, the raw material is in short supply resulting in high prices for the pellets. Many owners of pellets stoves, especially in the Northeast, are talking on their forums about going back to oil heat since it is cheaper. This defeats the incentives for pellet stove purchases and makes the President's desire for oil independence be pushed in the wrong direction.
My question is 'Can we as purchasers and users of pellet stoves get a tax incentive if we make our own pellets?' There are machines available to the home user (www.makeyourownpellets.com and www.makewoodpellets.com ) that allow us to make pellets from hay, grass, junk mail, corn cobs, corn stalks, etc. that the big producers of pellets will not use because the throughput is not as great. For us, the throughput is sufficient for our needs and perhaps a few neighbors who can pool their labor to make the pellets.
Is there anywhere in the law that provides such tax incentives for the purchase of this equipment?
Thanks you very much for your patience and consideration.
Now we'll see if I get a response.
Just FYI in case anyone was considering this.
Hi
Greetings,
I am thrilled to be able to take advantage of some of the energy saving tax credits put forth in the Economic Stimulus package, such as biomass pellet stoves to heat my house. In searching through your site, I see several categories for using biomass to generate biodiesel and ethanol; however, I don't see any incentives to make the biomass pellets for these pellet stoves. Of course, there are now several mills set up to manufacture pellets made from sawdust; however, they ONLY use sawdust and because of the housing starts being down, the raw material is in short supply resulting in high prices for the pellets. Many owners of pellets stoves, especially in the Northeast, are talking on their forums about going back to oil heat since it is cheaper. This defeats the incentives for pellet stove purchases and makes the President's desire for oil independence be pushed in the wrong direction.
My question is 'Can we as purchasers and users of pellet stoves get a tax incentive if we make our own pellets?' There are machines available to the home user (www.makeyourownpellets.com and www.makewoodpellets.com ) that allow us to make pellets from hay, grass, junk mail, corn cobs, corn stalks, etc. that the big producers of pellets will not use because the throughput is not as great. For us, the throughput is sufficient for our needs and perhaps a few neighbors who can pool their labor to make the pellets.
Is there anywhere in the law that provides such tax incentives for the purchase of this equipment?
Thanks you very much for your patience and consideration.
Now we'll see if I get a response.
Just FYI in case anyone was considering this.