MA DOER Expanded Heat Loan Program for Pellet Boilers

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PassionForFire&Water

Minister of Fire
Jan 14, 2011
723
Billerica, MA
www.caluweinc.com
wanted to let you know that MA DOER has funded a new initiative, the Expanded Heat Loan Program.
Allocated are $3.8 million for the entire initiative.

http://www.masssave.com/residential/expanded-heat-loan

Among other things, efficient WOOD PELLET BOILERS are now part of the heat Loan program as follows:

  • 0% interest loan up to $25,000 with terms up to 84 months
  • Must be installed in a 1-4 unit residential building as a central heating system
  • Must meet detailed specifications, including a thermal efficiency rating of 80% or greater, and emissions rating <= to 0.15 lb/MMBtu and at least 2 tons of bulk storage
  • Requires prior approval
This is a limited time program and will be in effect until funds are spent.

Please pass the word.
 
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