Bioheat® fuel is an environmentally friendly, economically practical home heating solution that can help reduce fossil fuel use and carbon emissions today and tomorrow. As higher blends are implemented, more fossil fuel and carbon emissions are eliminated.
Best of all, Bioheat® fuel costs about the same as conventional heating oil, and sometimes even less if you factor in New York’s Clean Heating Fuel Credit. New York State residents who use Bioheat® fuel containing 6% or more biodiesel are eligible for a tax credit equal to one cent per gallon for each percentage of biodiesel in the fuel, up to 20 cents for B20 and higher blends. For example, if you purchase 800 gallons of B10 in 2021, you can claim a tax credit of $80 in 2022 (800 x .10 = 80).
Because Bioheat® fuel is compatible with most existing oil-fired boilers, furnaces, and storage tanks, there are no costly equipment purchases or retrofits required. Plus, when your equipment does finally get so old that it needs to be replaced, rebates and financing may be available to help cover the cost of the new system.
Bioheat® fuel delivers significant environmental and economic benefits today and even more tomorrow. That’s why you can continue to depend on it for decades to come.