OEOL.png
Saturday, July 27, 2024

All


Renewable Liquid Heating Fuel Policies in the Northeast States: 2022


renewable.jpg

A list of current state requirements and incentives compiled by Oil & Energy

 

State Type Name Description
Connecticut Requirement HB6412: An Act Concerning a Low-Carbon Fuel Blend of Heating Oil All heating oil sold in state must contain:
  • 5% advanced biofuel (currently)
  • 10% advanced biofuel by July 1, 2025
  • 15% advanced biofuel by July 1, 2030
  • 20% advanced biofuel by July 1, 2034
  • 50% advanced biofuel by July 1, 2035
Massachusetts Incentive 225 CMR 16.00: Alternative Energy Portfolio Standard (APS) Businesses selling heating oil containing at least 10% eligible liquid biofuel may earn Alternative Energy Credits. Biofuel must be derived from waste feedstock such as waste vegetable oil, waste animal fats, or grease trap waste.
New York Incentive Clean Heating Fuel Credit Purchases of heating oil blended with a minimum of 6% biodiesel qualify for an income tax credit equal to one cent per gallon for each percent of biodiesel, up to 20 cents per gallon for B20 and higher blends, e.g., purchasing 500 gallons of B10 would qualify for a tax credit of $50 (500 x .10 = 50). Tax credit expires January 1, 2026.
  Requirement S3321A: An Act to Amend the Environmental Conservation Law, in Relation to Bioheating Fuel Requirements All heating oil sold in state must contain:
  • 5% biodiesel (currently)*
  • 10% biodiesel by July 1, 2025
  • 20% biodiesel by July 1, 2030
*One-year enforcement discretion exercised for the B5 requirement that took effect July 1, 2022 does not apply to New York City and Nassau, Suffolk and Westchester counties, and does not affect the B10 and B20 provisions of the law.
Rhode Island Requirement H1532A: An Act Relating to Health and Safety - Biodiesel Products All heating oil sold in state must contain:
  • 5% biodiesel or renewable diesel (currently)
  • 10% biodiesel or renewable diesel by July 1, 2023
  • 20% biodiesel or renewable diesel by July 1, 2025
  • 50% biodiesel or renewable diesel by July 1, 2030
Government Policy
Bioheat Fuel
biodiesel blending
September 2022

Share with...

Twitter | Facebook | Email


Related Posts

... Redefining Zero

Posted on April 17, 2024

... RINs and Repeat

Posted on March 12, 2024

Join Our Email List For Updates!

Enter your email to receive important news and article updates.


Industry Prices