Press Release

PelletSales.com to Homeowners: "$300 Tax Credit in 'Bailout Bill' Can Bring Skyrocketing Heating Costs Back to Earth"

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Posted 08 October 2008 @ 03:31 pm ET

GOFFSTOWN, NH -- (Marketwire) -- 10/08/08 -- "The old saying about a silver lining inevery cloud is true for homeowners trying to reduce heating costs as thewinter gets closer," said Jon Strimling, President of PelletSales.com,based near Manchester, NH (http://www.PelletSales.com).

"In the just passed financial bailout bill, a 10% tax credit is availableto anyone who purchases a 75% efficient wood or pellet (biomass) stove in2009 for up to $300," Mr. Strimling continued. "Part of the compromise onthe financial bailout included incentives for renewable energy, and biomassheating systems are now recognized and supported through this importantlegislation.

"Quoting from a new study released by the U.S. Energy InformationAdministration, 'consumers will pay a projected $1,137 to heat their homesfrom Oct. 1 to March 31. That figure represents a 15% increase over lastyear's estimated heating expenditures of $986.' In the Northeast, heatingbills are expected to top an average of $2,388, a rise of over $449 thisyear," he said.

Wood Pellet Pricing Compares to Oil at $2.80 a Gallon

Mr. Strimling added, "Wood pellets are a great way for consumers to savemoney, while also helping to reduce our reliance on fossil fuels. Dependingon where you are in the country, pellets currently cost in the range of$250-330/ton, delivered to a residence, which is equivalent to buyingheating oil at $2.10-2.80/gallon. By taking advantage of the $300 taxcredit, pellet users can reduce their initial costs, while dramaticallyreducing their heating costs for years to come. This is indeed anincentive for homeowners to think seriously -- right now -- about changingto biomass fuels. Staying with oil or gas is simply sending money up thechimney," he said.

Pricing and availability is available online athttp://PelletSales.com/request-pellets/.

"The secret to PelletSales.com's success in holding prices stable has beenour sophisticated logistics systems," continued Mr. Strimling. "Thecompany has patent pending technology optimizing shipping routes toindividual consumers' homes based on an extensive set of geographiclocations and data from its network of over 50 carriers nationwide. Thecompany ships a variety of brands of wood pellets, including QualityCertified products such as its CleanFire brand," concluded Mr. Strimling.

About PelletSales.com

PelletSales.com has rapidly become the nation's leading provider of woodpellet fuels directly to residences. Many consumers require about threetons of wood pellets to heat their homes for a season. PelletSales.comoffers consumers the ease of online ordering combined with convenient homedelivery of these fuels. The company provides retail delivery throughoutthe East Coast and in selected areas of the Midwest and West.PelletSales.com also provides consumers the opportunity to buy truckloadsof product anywhere in the country through its extensive network of over 30manufacturing sources. Contact: www.pelletsales.com.

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For further information contact:Steve TateDirector of Marketingwww.PelletSales.com603-623-1150 x224orSteven SwartzSIZZLE PR978-524-9595Email Contact


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