The Advanced Wood Heat incentive is available for efficient central wood pellet heating systems.
For systems installed in homes and small commercial spaces (<5,000 sq ft heated space):
Commercial systems that serve over 5,000 square feet of heated space: Please contact Efficiency Vermont directly to enroll a custom project.
NEW! Coal Change Out Adder - combine with Efficiency Vermont and CEDF incentives to replace a coal stove/furnace/boiler and get up to 50% off the cost of a new heating system.
NEW! Residential-income-eligible Adder: - combine with Efficiency Vermont and CEDF incentives for funded through the American Rescue Plan Act (ARPA).
|Low Income (≤80% AMI)||$8,000|
|Moderate Income (81% - 120% AMI)||$6,000|
Customers interested in the residential income-eligible adder funded through the American Rescue Plan Act (ARPA) must complete income verification with Opportunities Credit Union to determine eligibility at the time of initial application.
|Area||Income Level (% of median income)||INCOME THRESHOLD BY HOUSEHOLD SIZE|
|One Person||Two Person||Three Person||Four Person||Five Person||Six Person||Seven Person||Eight Person|
|Chittenden, Franklin, Grand Isle||80%||60,100||68,650||77,250||85,800||92,700||99,550||106,400||113,300|
|All other VT counties||80%||51,950||59,400||66,800||74,250||80,200||86,100||92,050||98,000|
Income is defined as the total annual gross income of all family and non-family members age 18 years and older living within the household. Opportunities Credit Union will determine annual household income for all members of the household. For each household member, the credit union will collect the person’s name, all sources of income (including both earned and unearned income), total annual income, and required supporting documentation. Acceptable forms of income documentation are:
Types of income include, but are not limited to: wages, salary, tips, bonuses or commissions payments, public assistance, social security/SSI, child support, regular gifts, unemployment, income earned on assets (savings, IRA, etc.) and some types of financial aid.
Incentives will be applied to the cost of your change out and/or repairs when you work with a Participating Stove Retailer/Installer.
Commercial systems are not eligible.
Please access the incentive through the forms linked above.
Eligibility in the program is specified within the Small Scale Renewable Energy Incentive Program (SSREIP) Terms, Conditions, and Requirements document