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.