Hey guys
I understand that I have already asked this question in other posts in the past. However time flies by and I find that various aspects change with time when considering the cost of heating with wood.
In my case I heat my home with a bit of wood (on top of electricity). It takes a long time to stack my wood, season it, move it to the shed, etc etc.
I currently live in a 3 year old house. THe basement was spray foamed on the walls and in the rim joists (crown) and I added R14 Roxul on top of that.
My stove is in the basement and I paid $1500 for my chimney (installed) and $2200 for my stove. Wood around here is $250 a cord for hardwood and $175 for softwood (I do not have a woodlot nor do I have a splitter or the heavy equipment such as a tractor / ATV requipred to pull wood) and I normally burn 3+ cords per winter (1.5 or so of hardwood and 1.5 or so of softwood). My sweep gave me a quote of $150 for a cleaning (I can't reach my chimney with a ladder however I do plan on getting a sooteater this year). Therefore, I will NEVER get my money back for the stove and chimney.
Since my electricity costs are only $0.052/Kwh, I have compared the cost of oil VS wood VS electricity in my area with a HEARTH.com cost comparison calculator
36.26 per Million BTU of Heat delivered to home
$3,444.70 per year for normal home for
Oil
$14.29 per Million BTU of Heat delivered to home
$1,357.55 per year for normal home for
Hardwood
$15.50 per Million BTU of Heat delivered to home
$1,472.50 per year for normal home for
Softwood
$15.24 per Million BTU of Heat delivered to home
$1,447.80 per year for normal home for
Electric
Another cost calculator says pretty much the same thing: the cost is the same for electricity or wood.
http://www.efficiencymaine.com/pace/compare-heating-options
What about you guys?
Thanks
Andrew