Vermont Sales and Use Tax Exemption:
Starting July 1, 2018, advanced wood heat boilers will qualify for a retail sales and use tax exemption. The exemption is on qualifying equipment and directly associated equipment must meet the following requirements: (A) installed as a primary central heating system; (B) rated as high-efficiency, meaning a higher heating value or gross calorific value of 85 percent or more; (C) containing at least one week fuel-storage, automated startup and shutdown, and fuel feed; and (D) meeting other efficiency and air emissions standards established by the Department of Environmental Conservation. On a typical residential sized boiler, this represents an esimated average savings of $900/boiler. This exemption sunsets in June 2021.
Residential Rebates and Incentives
Automated Wood Heating Systems
- $3000 for Modern Wood Pellet Boilers or Furnaces from Efficiency Vermont
- $3000 for Modern Wood Pellet Boilers or Furnaces from Clean Energy Development Fund
- Washington Electric Coop Members: $1000 for Modern Wood Pellet Boilers or Furnaces
Wood and Pellet Stoves
- Vermont Electric Coop Members: $150 bill credit to members for the purchase of a pellet stove in 2018
- Wood Stove Change-Out Program - Turn in a non-EPA certified wood stove and receive $800 off a new wood stove or $1000 off a new pellet stove
- $650 Rebate on Wood or Pellet Stoves, no turn-in required, cannot be combined with change-out program
- Income eligible Windham County residents may receive $2000-$4000 towards a new pellet stove when they turn in a non-EPA certified wood, gas, or coal stove, cannot be combined with other offers
Commercial & Institutional Rebates and Incentives
Automated Wood Heating Systems
- $3000 Flat Rate OR Custom Incentive at $1.25/sqft for buildings over 5000 square feet, up to $50,000 from Efficiency Vermont
- $3000 for Central Wood Pellet Boilers or Furnaces from Clean Energy Development Fund
- Windham County: Up to $100,000 in Assistance from the Windham Wood Heat Inititiave
- Rural Energy for America: Grants and loans to farms, small businesses, and community facilities in eligible areas
- Community Facilities Direct Loan and Grant Program
Agriculture Rebates and Incentives
Modern Wood Heating Systems
Maple Sap Evaporators
Financing Options
Financing options exist for projects of all sizes, from pellet stoves up to large wood chip systems. The most commonly used financing products are listed below.
- Efficiency Vermont Loans for Homes, Businesses and Agriculture
- Rural Energy for America: Grants and loans to farms, small businesses, and community facilities in eligible areas
- Community Facilities Direct Loan and Grant Program
