BIOHEAT TAX CREDIT
For every gallon of Bioheat that Tragar Oil delivers, residential homeowners are eligible
for a tax credit of $.05 (five cents) per gallon.

Residential Bioheat tax credit
Signed by Governor Pataki 05/21/2006
Effective July 1, 2006 through June 30, 2007
A tax credit for bioheat used for residential properties will provide $.01 (one cent) per percent of bioheat. (B5 – B20 Bioheat Blends)

Tragar is delivering Bioheat B5 which is 95% heating oil and 5% Bioheat. B5 is eligible for a five cents per gallon New York State income tax credit.

For example, for every 100 gallons of heating oil Tragar delivers, 5 gallons (5%) of that delivery is Bioheat. The tax credit offers $.05 cents on every Bioheat gallon.

Tragar will issue a statement of the total gallons of Bioheat that were delivered to your address. We will also provide information on how to obtain the tax credit in January of 2008.

For additional information, please visit the National Biodiesel Board’s website www.nbb.org

Note: If you have questions about the tax credit available to you,
please call our office.