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June 29, 2012
New Hampshire has become the first state in the country to integrate the full range of renewable thermal energy technologies into its renewable portfolio standard, making biomass thermal, solar thermal and geothermal projects eligible for credits on par with other renewable electricity projects. And, in Washington, DC, a bipartisan group of senators has introduced a bill that would provide tax credits for the installation of commercial and industrial biomass heating or cooling systems.
From New Hampshire, on June 26, Jennifer Runyan at Renewable Energy World reported:
Read more here .
In the U.S. Senate on June 28, Senators Jeff Bingaman (D-NM), Olympia Snowe (R-ME), and Diane Feinstein (D-CA) introduced the Expanding Industrial Energy and Water Efficiency Incentives Act of 2012 , which would, among other things, help businesses across the country meet their heating and cooling needs with renewable biomass. The bill would establish a two-tiered tax credit of 15 percent for commercial and industrial biomass systems that achieve 65 percent efficiency or better and 30 percent for systems that achieve 80 percent efficiency or better. The bill would also expand incentives for combined heat and power systems. Read a bill summary here .
According to the Biomass Thermal Energy Council :