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Natural Resources
February 27, 2009

Extension Provided for 2008 Wood Pellet Rebate Program

The Provincial Government is extending the deadline for its 2008 Residential Wood Pellet Rebate Program to provide homeowners an additional month to purchase the appliances and still qualify.

"We announced the 25 per cent rebate on the purchase price of the appliances to assist in creating a local market for our sawmills to diversify into wood pellet manufacturing," said the Honourable Kathy Dunderdale, Minister of Natural Resources and Minister Responsible for the Forestry and Agrifoods Agency. "We still have money available under the program to provide this extension beyond the original February 28 deadline to accommodate homeowners still interested in purchasing the appliances this fiscal year."

The 25 per cent rebate is available to all eligible Newfoundland and Labrador homeowners purchasing the appliances between April 1, 2008 and the new deadline of March 31, 2009. Homeowners will be eligible if the application and proof of installation by a certified WETT technician or visual inspector is submitted by April 10, 2009. Applications received after April 10, 2009 will not be eligible for the rebate.

"As of mid-February, we processed 214 rebate applications from various parts of the province," said Minister Dunderdale. "This is a great start in creating a market for sawmills and an important new industry in the province. We expect at least two wood pellet manufacturers to be up and running in the province by spring."

The Provincial Government invested $500,000 to provide the 25 per cent rebate to homeowners on the purchase price of wood pellet appliances this fiscal year. Homeowners are eligible for rebates up to a maximum of $1,000 for a wood pellet stove and $1,500 for a wood pellet furnace.

The rebate program is part of the Provincial Government�s $14-million Forest Industry Diversification Program announced in Budget 2008. It demonstrates the Provincial Government�s commitment to diversifying the forest industry through investment in strategic areas.

Applications for the rebate can be obtained on the government website or from wood pellet appliance vendors in Newfoundland and Labrador. Complete details on the rebate, program requirements and application forms can be found at www.gov.nl.ca/nr/. Background information is also available at //www.gov.nl.ca/releases/2008/nr/1105n03.htm.

For more information, homeowners can call 709-637-2349.

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Media contact:
Tracy Barron
Director of Communications
Department of Natural Resources
709-729-5282, 690-8241
tracybarron@gov.nl.ca

2009 02 27                                                    12:15 p.m.
 


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