Wood Pellets Fuel Maine’s Economy

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$11 million federal stimulus program which, since 2009, has helped allow nearly two dozen schools and town office buildings across Maine convert from oil to pellet-burning heat systems.
“We will displace on an annual basis more than 700,000 gallons of heating oil through the one program,” said Wood.

At full capacity, Maine’s four mills could produce some 400,000 tons of pellets a year, though currently they’re running about half that.
Still, Geneva’s manager believes the recession, a dip in oil prices and some warmer than normal winters have only temporarily stalled the huge demand from five years ago.