The moment I was waiting for...my first monthly power bill with the wood stove (installed around the end of Dec) and good news it is! Compared to last year's bill for this month, we saved almost $120! We have a natural gas furnace BTW.
Before stove:
Ave temp in January 2010: 27 degrees
Therms Used: 156
After stove:
Ave temp in January 2011: 31 degrees
Therms Used: 32
We have a gas range which sees a lot of use and a gas water heater. For context, we used around 20 therms in MAY last year!
Factoring in the tax credit, the stove will pay for itself in around 12-15 months of use (spread out over 2 years)...awesome! I love this thing!
Before stove:
Ave temp in January 2010: 27 degrees
Therms Used: 156
After stove:
Ave temp in January 2011: 31 degrees
Therms Used: 32
We have a gas range which sees a lot of use and a gas water heater. For context, we used around 20 therms in MAY last year!
Factoring in the tax credit, the stove will pay for itself in around 12-15 months of use (spread out over 2 years)...awesome! I love this thing!