Funding Available for Commercial Biomass Heating Systems in New Hampshire

Thermal renewable energy certificates, aka T-RECs, which were authorized by the New Hampshire Legislature in 2012, are now being used to help fund new biomass heating projects in the state.

The T-RECs Enterprise Fund will buy T-RECs from wood fueled heating system owners in advance, for up to five years of projected heat output, and pay a lump sum before project construction begins.  As a result, a performance incentive becomes a capital incentive that can be used to reduce the project capital cost. 

High performance wood heating systems qualify.  For more information, check out the T-RECs page in the link above.

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