checking out the early buy prices in hudson valley area and were gonna get gouged again this year.everywhere i see has gone up 10-15% per ton.$279-299 average last year for premium pellets now $319-329 this year.any higher it will be better to bend over for the oil guy again.as soon as people find a way to save money,others find a way to take it away.
PRICES GOING UP BIG THIS YEAR AGAIN ON PELLETS
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I find this time of the year isnt favorable for consumers. There is typically a dip in prices in my area right around June through August. My experience says to wait.
Bioburner
Moderator
I think several have already gotten a delivery of fossil fuels because of the high cost of pellets. Was a report of fuel oil at $2.06
Crude went over $51 this AM
Crude went over $51 this AM
Peterfield
Minister of Fire
The consumer can vote with their feet. In the early sixties, I remember the sugar industry pulled some crap and prices soared. A consumer boycott ensued and it wasn't long before prices fell back to their previous levels. Cigars went through this ten years ago when it became "fashionable" to smoke a cigar and one dollar cigars became five dollar cigars almost overnight. Same price spikes with milk in the late sixties and memory chips in the eighties. If demand drops next year due to low oil, NG, and LP prices and we have a normal winter, watch what happens to prices. You'll hear all kinds of reasons why the price is so high but greed, also called capitalism, is the underlying cause
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I think some of this is already happening. A pellet stove is an investment and people could justify it over oil when oil was 3.75+ a gallon. But that equation doesn't make much if any financial sense now. This year I actually turned on my boiler and filled up at 2.09 a gallon.
Peterfield
Minister of Fire
I've already read CL ads like "I'm switching to gas" or "going back to oil" or "decided to go back to wood", etc., and my pellet stove is for sale, etc.
Wait till/if Russia shuts off the gas tap. We are already shipping pellets across the ocean. Biomass exports are doubling every year with prices in europe hovering $400/ton (Old data, old exchange rate). If they build a pipeline to export ng then EVERYTHING is going up!
Bioburner
Moderator
The Arabs are throwing ordinance so watch out, crude prices are blasting off.
S. Arabia has plenty of financial reserves to weather the lower crude prices. They are merely trying to kill the competition, ie shale here in the US, Iran and a few other opec countries they'd rather see whither away. Then they will jack up the prices.
Tonyray
Minister of Fire
This time of year..[it's still March] pellets are not cheap/
I am waiting till late spring/summer....unless someone here has a magic looking glass and can see prices in August.
I am waiting till late spring/summer....unless someone here has a magic looking glass and can see prices in August.
I'm not waiting until August. I'm starting to pile wood now. I'll be getting a summer fill with the propane. I've got 1.5 tons left over. I'll stay warm next winter between the three. Might toss in a ton of corn to mix with the pellets. Thinking about putting a rocket stove in the living room to burn scrap the pallet makers give away for free.
I would not expect more than $5 or $10 a ton off current pricing. If it is cheaper to burn Fuel oil, NG, LP, or electric then why are you not doing so? No one ever told anyone to shut off their furnace.
Eric
Eric
Tonyray
Minister of Fire
agreed...
next winter heating doesn't begin again for another 6 or 7 months and already the doomsayers are against pellets...
do any here profess to really know what Traditional heating will cost by then? Oil/Propane/Oil.?
rather get few tons pellets long before then. this way can't lose.....always can use the Oil furnace if oil stays low and save pellets for whenever.
CladMaster
Minister of Fire
I decided to buy early too, got 5 tons in the driveway ready for 2015/16 season, paid $5.05 per bag and that included the delivery charge.
Any pellets left over will stay for the next season if kept in the garage out of the sun light.
Eric
Eric
Bioburner
Moderator
i think you guys are exactly right.they can have 100 different reasons for raising the prices,but it's GREED.they tried to get us to pay ridiculous oil.electric and nat.gas/propane prices for the last few years and when we all went to pellet stoves they have to find a way to jack those prices up.i converted my house to propane heat 4 years ago to save on oil.was paying 1.79 gallon for propane,then 2 years ago propane goes to 4.39 gallon.got a pellet stove to save and was paying $229 ton for pellets,now $319 a ton.they just can't stop beating us down.they can say all they want about oil/gas and food prices but the bottom line is they raise them because they can.wasn't the Obama tax hike a few years back enough blood money from us all?i lost $60 a week from my household income.they how about when they started taxing electric and fuel prices.thank goodness that didn't last long.politics is a rich man's game that we pay for.
It will be coming soon when they add a federal tax on pellets just like there is on electric, fuel oil, NG, and LP.
eric
eric
Peterfield
Minister of Fire
I'm waiting for them to figure how how to charge a tax on the trees I cut down for my firewood.
The only reason solar is not cheap or plentiful is the politics of taxing the sun hasn't crystallized yet.
Since when has there ever been a fed tax on electricity or on heating oil or natural gas for heating purposes?
we had the tax on it last year.lasted about 3 months,then i guess enough people complained or they got embarrassed when the elderly went on t.v and explained how they have to choose between food or heat,so they did away with it
Old Spartan
Burning Hunk
Never heard of such a Federal Tax, State yes though. Do you have a link to the former Federal Tax.
The Feds have energy tax credits and grants for heating fuels INCLUDING wood pellets for the less fortunate and elderly.
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