I recently just moved to NH. I live in the middle of nowhere with some decent land. Currently my house only has an oil furnace and forced hot water. The last owners hovered around 900 gallons of oil used per year, and I can lock in at about 2.75/gal. The house has 3 zones, downstairs, upstairs, and in-law
About the house: It's about 2200 square feet. The downstairs is fairly open, with the exception of an in-law (not a true in-law) with living room, bedroom, and bathroom that is off the living room with a standard door (we haven't decided how to use it yet, possibly a den and office). The bedrooms are upstairs off a hallway at the top of the stairs.
I'd like to install some type of alternative heat. The house doesn't have a chimney, and the only decent place to put one is off the in-law. That isn't the ideal place to put an alternate heat source, since it misses most of the house. There could be a chimney run to the basement, but that doesn't help much either. The upside is I have years worth of wood outside that just costs sweat and chainsaw gas.
I'm considering a pellet stove in the living room, but I've never had one. I can't decide if it would offer significant savings. If I installed door fans, I could likely spread the heat throughout the downstairs and upstairs hallway. Would that save a significant amount of oil? How many tons of pellets would I burn? If I spent $1000 on pellets and cut my fuel bill in half, that would give me a net savings of $240 or so. It would take 20 years to recognize a total savings if prices all remained equal. The sales guy I spoke to today said he burned 7 tons of pellets and reduced his oil usage by 2 tanks. That means it costs him $500 a year to use pellets. He'd save money by sticking with oil.
Has anyone run these calculations? With a house that size, would I see a greater savings than half my oil bill? Help?
About the house: It's about 2200 square feet. The downstairs is fairly open, with the exception of an in-law (not a true in-law) with living room, bedroom, and bathroom that is off the living room with a standard door (we haven't decided how to use it yet, possibly a den and office). The bedrooms are upstairs off a hallway at the top of the stairs.
I'd like to install some type of alternative heat. The house doesn't have a chimney, and the only decent place to put one is off the in-law. That isn't the ideal place to put an alternate heat source, since it misses most of the house. There could be a chimney run to the basement, but that doesn't help much either. The upside is I have years worth of wood outside that just costs sweat and chainsaw gas.
I'm considering a pellet stove in the living room, but I've never had one. I can't decide if it would offer significant savings. If I installed door fans, I could likely spread the heat throughout the downstairs and upstairs hallway. Would that save a significant amount of oil? How many tons of pellets would I burn? If I spent $1000 on pellets and cut my fuel bill in half, that would give me a net savings of $240 or so. It would take 20 years to recognize a total savings if prices all remained equal. The sales guy I spoke to today said he burned 7 tons of pellets and reduced his oil usage by 2 tanks. That means it costs him $500 a year to use pellets. He'd save money by sticking with oil.
Has anyone run these calculations? With a house that size, would I see a greater savings than half my oil bill? Help?