Pellet boilers are on the rise in Maine.
Pellet boilers cost nearly $20,000 in 2008, according to Ryan Hamilton, a managing partner of Interphase Energy, making boilers too expensive for most Mainers.
However, in September 2013, as part of an omnibus energy bill, the state’s legislature approved $3 million for the Regional Greenhouse Gas Initiative (RGGI) to fund low-cost heating rebates for appliances, including a $5,000 for pellet boilers, according to a report from Free Press Online.
Since the program began, 178 pellet boilers have been installed, Efficiency Maine said.
According to the Wood Pellet Fuels Association, the cost of a pellet boiler is usually $3,000 to $5,000 more than a comparable fossil-fuel boilers. Though the initial upfront cost may be more than fossil-fueled boilers, savings are seen throughout the life of the pellet boilers. According to the Governor's Energy Office, Maine homeowners save approximately 40 percent in heating costs when using a pellet boiler compared to a conventional boiler.
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