SOURCE: Indeck Energy

wood pellets, wood pellet, wood pellet fuel, pellet fuel, Indeck Energy, wood biomass

August 17, 2010 13:43 ET

Indeck Energy, Government Tax Credit Make Home Heating Affordable

Wood Pellet Stoves Provide an Affordable Solution to Alternative Energy

LADYSMITH, WI--(Marketwire - August 17, 2010) -  Under the 2009 Economic Stimulus legislation, U.S. homeowners are eligible for a 30 percent tax credit, up to $1,500, for the costs incurred in the purchase of a wood pellet stove.

Indeck Energy, a producer of Premium Grade wood pellets, reminds consumers that the tax credit is only available through Dec. 31, 2010.

Wood pellet stoves burn specially manufactured wood pellets, which are about a quarter inch in diameter and one half inch in length. The wood pellets are created by compressing locally grown hardwood into small, uniformly shaped pieces. These pellets are able to be burned efficiently in the stoves and are available at any fireplace or home store.

Scott Freier, owner of Freier's Electric and Heating in Hudson, Wis., says that the tax credit should really motivate consumers.

"Owning a wood pellet stove is a strong investment at any time," he said. "Now, with the tax credit, moving toward alternative energy is an unbelievable deal."

Mike Curci, plant superintendent at the Indeck Ladysmith BioFuel Center in Ladysmith, Wis., agrees.

"The best part about heating with pellets is how easy it is," he said. "The pellets are uniformly shaped so the stove is able to feed itself, with little work on the part of the homeowner."

Indeck Energy Services, Inc., through its subsidiary Indeck Ladysmith, LLC, operates a wood pellet production plant that produces Premium Grade wood pellets for residential use.

"It is important to use a quality pellet as fuel for your stove," said Curci. "The pellets that Indeck Energy produces have less than one percent ash and burn hotter than other pellets on the market."

Freier feels that using a quality pellet is important to getting the most out of a stove.

"It is important to use a pellet with low ash content and a high BTU. It is the best way to make sure you are using your stove most efficiently," he said.

High quality pellets, like those produced by Indeck Energy, help to prevent maintenance issues associated with wood pellet stoves.

"Higher quality pellets will ensure a cleaner burn, which leaves less ash," said Freier. "Less ash means less time cleaning the stove, less money spent on sweeping a chimney and fewer parts needing to be replaced due to wear."

The government tax credit is available on all stoves purchased before Dec. 31, 2010 that are at least 75 percent efficient. Wood pellet stoves and Indeck Energy Wood Pellets are available at select fireplace and home stores, including Menard's and Tractor Supply.

For more information, please visit www.IndeckPellets.com.

The Indeck Ladysmith BioFuel Center is owned by Indeck Ladysmith, LLC, a subsidiary of Indeck Energy Services, Inc. Indeck Energy Services is a privately held developer, owner and operator of renewable and conventional energy projects. As one of the few remaining privately held independent energy producers, it has grown into a full-service energy company that offers biofuels production and electrical generation facilities. The company was established in 1985 and is headquartered in Buffalo Grove, IL.

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