PLAINFIELD, Vt. (AP) — A Vermont college has broken ground on a large woodchip boiler plant that is expected to cut the school's energy costs in half and transition it away from oil-burning furnaces.

Officials at Goddard College tell The Times Argus that the move is part of a plan to eliminate the use of fossil fuels as an energy source on campus. They say the plant will rely on low-grade wood that can be found near the school.

The project is largely funded by a $2.1 million loan from the United States Department of Agriculture, which will be repaid over 40 years.

The plant is expected to come online in March.

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Information from: The Times Argus, http://www.timesargus.com/