Pellet Stoves Economics 101

Before deciding to switch heating your fromThat translates into 8,000 pounds of pellets at
natural gas to pellets do your homework. Pelletprice of $3.50 per bag. The costs for heating
stoves are great for area heating, but if you'rewould be about $700.00, not including delivery
considering whole house heating it may not be ascharges and taxes.
economical as you think.Depending on your choice of pellets this number
The costs of installation depends on whether youcould vary. To make it more accurate try to
purchase a new or used one. Newer stoves canimitates the exact scenario as close as possible.
cost upwards of $2,000 or more compared to aCompare these costs to the prior years heating
used one which you can easily find underbill. Select the bills corresponding to late
$1000.00. They can be free standing or fireplaceSeptember through May. Peak heating months are
inserts, which means they are installed in thegenerally late November, December, January and
fireplace. There is also a version usually installed inFebruary. So include calculations for the other
the basement that can be operated as a furnace.months as well.
The customary method of heating a home is withThis should give you a rough estimate of the cost
natural gas. It does less labor intensive becausedifference between heating with pellets versus
you just light the burner, adjust the thermostatnatural gas. You'll have to add some specifics for
and you're done. Depending on the setting theyour region, your lifestyle and factors like those
furnace turns on and off to regulate thementioned above, but all we're looking for is a
temperature. However, pellet stoves require a bitrough estimate. Your utility company provides
more work. You'll need to constantly monitor fuelannual gas and electric usage comparisons, which
to maintain the desired heat output. If you don'tmay help in your estimations.
add pellets at regular or scheduled intervals theNow you look at side by side costs and you
fuel runs out.should be able to determine if this is a good
Unless you're retired or have lots of time on yourinvestment. Be sure to consider installation costs,
hands, consider carefully the switch to a pelletmaintenance and other variables if you also heat,
stove. In addition time requirements, the averagecook and clean with natural gas.
amount of pellets needed per season rangesPellet stoves are quite attractive. The ambiance
between three to five tons. This can also addand aesthetics may outweigh any calculations
more time to your maintenance sessions.you've made about the economy of pellet stoves.
Other considerations are the size of your home,That is an individual choice that you give weight to
the length and severity of the winter weatherbased on your preferences.
and the temperature you prefer inside the home.You could also restrict your pellet stove to
From a cost perspective, a forty pound bag ofheating certain zones in your home. But again
pellets will cost about $3.50. Just like coal furnaces,consider the impact if you supplement with natural
it is usually more economical to buy pellets in bulk,gas. Regardless of your calculations the most
which may reduce the cost to around $3.25 perdifficult ones to quantify are preference, emotion
bag. As an example of costs, let's assume youand desire to enhance your homes beauty and
use 4 tons of pellets during the heating season.ambiance.