Deadline looming for wood pellet appliance rebate
Apply for 25 per cent reimbursement before March 18
Homeowners interested in applying for a rebate under the Residential Wood Pellet Appliance Rebate Program have until March 18 to do so.
That’s the deadline for applications for the program, which provides a 25 per cent reimbursement to those who purchase and install a wood pellet appliance.
“ The rebate program has been well received by residents who have purchased a wood pellet appliance, and has supported our goal of creating a demand for locally-produced wood pellets,” said Shawn Skinne r, m i n i s t e r o f Natural Resources and minister responsible for the Forestry and Agrifoods Agency.
The minister is encouraging residents who have or are considering purchasing or installing an appliance to get their applications in before the deadline.
The program was introduced in 2008 as an initiative under the Forest Industry Diversification Program to help diversify the industry and identify new markets. Since that tim e, 481 rebates at an average of $ 581 each have been issued to qualifying homeowners.
Two companies, Exploits Pelletizing Inc., a division of Blanchard’s Cabinet Doors in Bishop’s Falls, and Cottles Island Lumber Co. in Summerford are currently manufacturing pellets.
A third pellet plant is being built in Roddickton on the Northern Peninsula. Holson Forest Products expects to open the plant this spring and have wood pellets available later this year.
Some $500,000 was budgeted in the 2010 provincial budget to continue the rebate program.