SOURCE: Indeck Energy

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

September 22, 2010 15:25 ET

Indeck Energy: Biomass Fuel Can Help Schools Cut Costs, Save Local Jobs

LADYSMITH, WI--(Marketwire - September 22, 2010) -  Indeck Ladysmith, LLC is committed to helping local schools lower operating costs while simultaneously supporting jobs in the state of Wisconsin.

The Indeck Ladysmith BioFuel Center, located in Ladysmith, Wis., manufactures wood pellet fuel -- a natural, renewable, alternative energy source.

"Wood pellets are a viable alternative energy source for our local schools," said Jeff Schultz, plant manager, Indeck Ladysmith BioFuel Center. "Not only does heating with wood pellets support the local economy, it can also bring about significant cost savings for a school district."

Indeck Energy has partnered with Fuels for Schools and Communities, a program supported by the state of Wisconsin, to help local schools explore the possibility of heating with renewable wood pellet fuel.

In a report prepared by the Massachusetts Division of Energy Resources, but applicable across the nation, schools between 10,000 and 50,000 square feet that use heating oil, propane or electricity to produce space heat or hot water are the best candidates for transitioning to wood pellet boilers. 

The same report notes that biomass fuels, like wood pellets, are often more stable in price than fossil fuels over the long term, are not likely to be subject to future carbon-emission taxes and cost on average 20-25 percent less than heating with oil, propane or electricity.

In Wisconsin, the up-front capital cost of a transition can be offset by up to $250,000 through a grant provided by Focus on Energy, a state funded government program that works with eligible businesses and residents to install cost effective, efficient and renewable energy projects.

"Indeck Energy is the only pellet producer in the state that has demonstrated this level of commitment to Wisconsin's future," said Schultz. "Our goal is to heat local schools with local fuel. When school districts transition to wood pellets they cut costs and keep vital energy production jobs here in Wisconsin."

For more information about Indeck Energy, 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 is headquartered in Buffalo Grove, IL.

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