Hey guys, I'm hoping you guys can sell me here. We bought a home last year with an decrepit Quadra Fire CB1200 pellet stove that I fixed up for under 100 bucks and got working like a charm. I absolutely adore the thing. When I don't feel like building a wood fire and getting sweated out of my den, the pellet stove is great.
However, I just sat down and crunched some numbers. Heating oil here is just $1.30/gallon compared to the $2.75/gallon I was paying last year.
According to my calculations
at $275.50/ton, pellets will cost me about $2113 per 100 million BTUs, while currently heating with (hydronic boiler at just 79% efficiency) would cost me just $1186 per 100M BTU, which is $927CHEAPER. It just so happens my house seems to use around 800,000 to 1,200,000 BTUs of heat per year so I'm just sticking to the 100M BTUs for estimations.
I figured that out that when oil is more than $2.30/gallon, oil is more than pellets, at $2.30/gallon, they are the same, and below $2.30, it's cheaper to use oil.
I'm a bit bummed to be honest. I was excited to try and heat the home with just my pellet stove and wood stove this year.
So I ask you guys - why should I use my pellet stove over my oil boiler this year? Why are you guys? I assume oil is cheap across the country right now.
The only things I can come up with right now...
-I can use it for auxiliary heat and ambiance once in a while, though I don't hang out in the room the pellet stove is in very often
-Decrease dependence on foreign oil
-More environmentally friendly fuel
As much as I love the ambiance of a fire, and being ethically sound, it's hard to give up almost a grand on that each year.
I appreciate the input guys.
However, I just sat down and crunched some numbers. Heating oil here is just $1.30/gallon compared to the $2.75/gallon I was paying last year.
According to my calculations
at $275.50/ton, pellets will cost me about $2113 per 100 million BTUs, while currently heating with (hydronic boiler at just 79% efficiency) would cost me just $1186 per 100M BTU, which is $927CHEAPER. It just so happens my house seems to use around 800,000 to 1,200,000 BTUs of heat per year so I'm just sticking to the 100M BTUs for estimations.I figured that out that when oil is more than $2.30/gallon, oil is more than pellets, at $2.30/gallon, they are the same, and below $2.30, it's cheaper to use oil.
I'm a bit bummed to be honest. I was excited to try and heat the home with just my pellet stove and wood stove this year.
So I ask you guys - why should I use my pellet stove over my oil boiler this year? Why are you guys? I assume oil is cheap across the country right now.
The only things I can come up with right now...
-I can use it for auxiliary heat and ambiance once in a while, though I don't hang out in the room the pellet stove is in very often
-Decrease dependence on foreign oil
-More environmentally friendly fuel
As much as I love the ambiance of a fire, and being ethically sound, it's hard to give up almost a grand on that each year.
I appreciate the input guys.