Bioheat® Fuel
Hyde Fuel is proud to soon introduce Bioheat® fuel, a clean, green, and renewable fuel that is revolutionizing the American energy industry.
Starting in 2022, we will deliver Bioheat® fuel, a blend of renewable biodiesel and ultra-low sulfur heating oil.
On December 22, 2021, New York Governor Kathy Hochul signed New York State Senate Bill S3221A that phases in a biodiesel blending standard for all heating oil sold in New York State. The standard begins on July 1, 2022 at B5 then increases to B10 in 2025 and B20 in 2030. Hyde Fuel customers will soon be receiving Bioheat® fuel with every heating oil delivery, reducing their carbon emissions and helping to save the environment.
Bioheat® fuel has many different benefits: it is renewable, it supports the American economy, and it is helping to create a cleaner environment for us to live in, with virtually no emissions. This all adds up to superior home comfort and service for you, the consumer.
A Renewable Energy Source
Bioheat® fuel is made by combining ultra-low sulfur heating oil with biodiesel, which is created from renewable resources such as recycled cooking oils, soybean oil, peanut oil, sunflower seed oil and other feedstocks. The fats and oils used for biodiesel are all co-products or byproducts of agriculture. For example, soybeans are grown primarily as a high protein meal for livestock and human consumption. About 20% of that soy is a co-product, in the form of oil. This oil can then be used to create biodiesel. Bioheat® fuel burns at a highly efficient rate, and its inclusion of renewable resources ensures a sustainable future for our customers and the greater community.
Bioheat® Fuel and American Jobs
Resources such as soybean oil and other agricultural co-products are grown in the United States, allowing the fuel to be produced domestically, which reduces our dependence on foreign oil and supports our nation's farmers. In addition to sustaining current jobs, Bioheat® fuel’s production and refinement creates new American jobs, and helps strengthen the U.S. economy. According to a recent economic study conducted by MyBioheat.com, one year’s biodiesel production can support more than 31,000 U.S. jobs and generate an income of nearly $1.7 billion to be circulated throughout the economy.
Bioheat® Fuel and the Environment
A Bioheat® blend with 2% biodiesel is referred to as B2, and a blend with 5% biodiesel as B5. Bioheat® fuel emits virtually 0% sulfur, and dramatically cuts down on the release of other airborne pollutants and greenhouse gases, especially carbon dioxide. The state’s transition to B10 in 2025 is expect to reduce New York’s heating oil consumption by 100 million gallons, the equivalent of making 102,000 homes carbon neutral.
Bioheat® fuel produces lower emissions than petroleum diesel, and unlike most fuels, biodiesel actually has a positive energy balance (a ratio of energy needed for biodiesel production to return energy). Recently published studies from the University of Idaho and U.S. Department of Agriculture show that for every unit of fossil energy needed to produce biodiesel, the return is 5.54 units of renewable energy.
What This Means for You, the Consumer
Most importantly, Bioheat® fuel makes the process of heating your home cleaner, more efficient, and more convenient than ever before. Bioheat® fuel is extremely versatile. It is completely compatible with existing oil burners, furnaces, and tanks, so there are no costly modifications or retrofitting to your current equipment needed. Plus, Bioheat® fuel can actually improve the performance of your system. Because of its high lubricity, Bioheat® fuel may extend equipment life and can help remove harmful components in your heating system, which means less maintenance. Bioheat® fuel is also cost-competitive with conventional oil, so these wonderful benefits don’t come at a higher price.
Perhaps best of all, New York State will pay you to use Bioheat® fuel. Bioheat® fuel consumers who live in residential buildings, including single- and multi-family homes, apartment buildings, co-ops and condos are eligible to receive the New York State Clean Heating Fuel tax credit when using blends of 6% biodiesel (B6) or more. This tax credit has been in effect since 2012, and has been extended to January 1, 2023. It may even be credited retroactively. Please contact us when completing your tax returns in 2023 to see if you are eligible for a credit.
For more information on Bioheat® fuel, how it’s made, and how it will continue to benefit you for years to come, visit Oilheatamerica.com, MyBioheat.com and Todaysbioheat.com.
