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New Hampshire Business Newsreel

January 06. 2014 4:44PM

New grants offered for pellet boilers

CONCORD — The Public Utilities Commission has announced a new rebate program for nonresidential wood pellet boilers and furnaces, through the Sustainable Energy Division.

The program is available for nonresidential bulk-fuel-fed pellet boilers or furnaces for businesses, municipalities, nonprofits, schools, colleges and universities, and multifamily buildings, among others.

The rebate is 30 percent of the costs of purchase and installation, up to a maximum of $50,000. An additional rebate for 30 percent of the costs of thermal storage tanks, up to a maximum of $5,000, is also available.

The budget for this program is $629,000 for state fiscal year 2014, ending June 30, 2014.

“An important component of this new program is a requirement to benchmark the energy performance of the building that will house the new heating system,” said Jack Ruderman, director of the Sustainable Energy Division in a prepared statement.

Benchmarking provides a measure of the energy consumption for a building relative to other similar buildings.

For more information, contact program manager Barbara Bernstein, at, or call 271-6011.

BIA launches internship website

CONCORD — The Business and Industry Association, the statewide chamber of commerce, has launched a free website to connect employers and students looking for internships.

In partnership with, the BIA has developed a website that allows employers to post available internships at no cost and students to search the available listings, also at no cost.

The site allows employers to easily post internship opportunities, manage applicants with an intuitive interface, recruit students using an extensive resume database and access exclusive resources to help start a new internship program or optimize their current one.

“Research shows that seven out of 10 students who have had an internship with an employer are hired by that same employer,” said BIA President Jim Roche in a news release. “Connecting college students with local companies helps educate the next generation of our workforce while keeping the best talent and top businesses in New Hampshire.”

To visit the new website, go to

Business groups back Obama on trade

WASHINGTON — Some of the largest U.S. business groups are lining up behind President Barack Obama to pressure Congress to clear the way for a pair of trade deals that could set rules for more than half the world’s economy.

The agreements, with 11 Pacific Rim countries and the 28-nation European Union may also help Obama deliver on his promise to double U.S. exports above 2009 levels by the end of the year, an increasingly distant goal.

Standing in his way: almost 200 Democrats and Republicans who say they won’t yield to him the “fast track” authority to hammer out agreements without congressional amendments.

In the coming days, Senate Finance Committee leaders Max Baucus, a Montana Democrat, Orrin Hatch, a Utah Republican, and House Ways and Means Committee Chairman Dave Camp, a Michigan Republican, plan to introduce a bill to give Obama fast-track authority. The ensuing debate may produce one of the most contentious discussions of trade policy on Capitol Hill since the passage of the North American Free Trade Agreement 20 years ago.

The Trade Benefits America Coalition, led by groups including the Business Roundtable, the U.S. Chamber of Commerce, the American Farm Bureau Federation and the National Association of Manufacturers, is backing Obama. The coalition — whose approximately 160 members include Boeing, MetLife, Pfizer and Wal-Mart Stores — has ramped up its lobbying campaign in recent months.

Bloomberg News

Bitcoin price tops $1,000

The price of Bitcoin shot up past $1,000 Monday after Zynga Inc., an online gaming company, announced it would test using the digital currency as payment.

Bitcoin, the volatile unregulated currency, has hit highs and lows in recent weeks and has gained more widespread use. The currency recently plummeted in value after China took actions to limit its use in the country.

It hit a high of $1,093 on the Mt. Gox online exchange, a major Bitcoin trading exchange, before retreating to around $1,000 Monday morning.

Los Angeles Times


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