Rough year for small stove companies

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begreen

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Staff member
Hearth Supporter
Nov 18, 2005
108,703
South Puget Sound, WA
With the loss of the tax credit and the impact of higher import and steel prices, small stove companies are getting hit hard.
 
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I'm not disputing that those relying on cheap, dumped imported steel to bolster their margin aren't feeling a pinch. The shop I work at gets several steel deliveries a day, everything from 1010 to the upper end alloys. They are marked Made in USA. Supply of some types can change from day to day based on who has it on the racks but it's out there.
 
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I'm not disputing that those relying on cheap, dumped imported steel to bolster their margin aren't feeling a pinch. The shop I work at gets several steel deliveries a day, everything from 1010 to the upper end alloys. They are marked Made in USA. Supply of some types can change from day to day based on who has it on the racks but it's out there.
Do people import rolls and big bar/rod from Asia, or do people import mostly the finished products that have steel in them?
All the car plants in USA/Canada/Mexico would be getting steel made here I would think.
I do know people were importing cheap structural steel from Asia at one time.
 
It's not just steel. Woodstock stoves are sourced from domestic and international suppliers. Updated the incomplete link for the article.
 
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It's not just steel. Woodstock stoves are sourced from domestic and international suppliers. Updated the incomplete link for the article.
Good article. It's a shame there has to be tariffs between US and Canada it just costs us more and/or puts people out of work
 
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I'm kinda on the other side of the sympathy- the vendors I get Hearth products from (from Canada) are all pushing up on the cost of stoves and inserts, then when I received the last couple of inserts they were date of MFR' Fall of 24. I know pricing is sometimes based on hedging what its gonna cost in the future, but I know some shops do take certain liberties when they can. We all remember 2008, stoves were gone by Aug and the ones that were available, were all higher to bring in. We'll wait and see. I am also wondering if the tax credit did not lead to some folks pushing the cost up because of it too. Let's hope for the best.
 
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Prices for US steel are up. Mini splits are still pretty cheap. I think as we close in on heating season you will see more people adding a cheap heat pump than did last year. The end of the tax credit will have a huge impact. Oil is relatively cheap.

I think you will see the wood stove industry shrink. Who goes out of business is hard to say but I’m sure the offerings in 2027 and beyond will be vastly different
 
I'm kinda on the other side of the sympathy- the vendors I get Hearth products from (from Canada) are all pushing up on the cost of stoves and inserts, then when I received the last couple of inserts they were date of MFR' Fall of 24. I know pricing is sometimes based on hedging what its gonna cost in the future, but I know some shops do take certain liberties when they can. We all remember 2008, stoves were gone by Aug and the ones that were available, were all higher to bring in. We'll wait and see. I am also wondering if the tax credit did not lead to some folks pushing the cost up because of it too. Let's hope for the best.
Production date doesn't matter when it crosses the border does.
 
Bholler- I'm talking stuff ordered in April of this year- no tariffs were in effect, only talk at that point. I think they took advantage of the situation, and would put blame elsewhere, that's what I'm talking about. Besides, these units were from a distributor, they could have had them for a while too.
 
Bholler- I'm talking stuff ordered in April of this year- no tariffs were in effect, only talk at that point. I think they took advantage of the situation, and would put blame elsewhere, that's what I'm talking about. Besides, these units were from a distributor, they could have had them for a while too.
There was a 25% tariff on Canadian imports in April 10% on energy. And yes they may have been here may not have been. But do you really expect them to keep track of when all inventory was received and adjust pricing based on that? I know my Regency and sbi pricing changed when the tariffs were added
 
If the EPA would get rid of the 2020 regs and testing method and go back to the Phase II regs maybe that would help the stove industry and take a bite out of the tariffs?
 
Energy costs and oil prices are down, at least in my area. Maybe stove sales would be down anyways.
 
Energy costs and oil prices are down, at least in my area. Maybe stove sales would be down anyways.
I thought electricity in CT was very expensive. Is this just in certain parts?
 
I thought electricity in CT was very expensive. Is this just in certain parts?
Eversource's electric supply rates for residential customers in Connecticut decreased from 11.19 cents per kilowatt-hour (kWh) to 9.75 cents per kWh starting July 1, 2025. We can also shop for electric suppliers to get rates lower than eversources. Same goes for the other supplier United Illumanating. There’s only 2 major companies in the state that I’m aware of along with at least one co-op (town of Wallingford) that is drastically cheaper then the big 2
 
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If the EPA would get rid of the 2020 regs and testing method and go back to the Phase II regs maybe that would help the stove industry and take a bite out of the tariffs?
But they already invested that money into r&d what difference would it make now? And how would it have any effect on tariffs?
 
If the EPA would get rid of the 2020 regs and testing method and go back to the Phase II regs maybe that would help the stove industry and take a bite out of the tariffs?
What would it cost them to redo all the manufacturing processes to make old stoves that they haven’t made in a while. Yes maybe some could meet the old standard with out a cat but I don’t think it would as easy as just leaving it out.
 
But they already invested that money into r&d what difference would it make now? And how would it have any effect on tariffs?
It would make the difference to the smaller manufacturers that can’t afford all this r&d and testing costs. Maybe this would just offset the tariff a bit I don’t know?
 
What would it cost them to redo all the manufacturing processes to make old stoves that they haven’t made in a while. Yes maybe some could meet the old standard with out a cat but I don’t think it would as easy as just leaving it out.
Most of these hybrids are just the same secondary burn stove with a cat over the flue collar. Looks like a bandaid fix to me just to eke out a few more efficiency and particulate points. I don’t think it’s a big r&d issue. This and the EPA tax credit increased stoves prices by a lot. If there’s a tariff charge on the stove as well (hearthstone) just another excuse to jack up prices for more profit. Used stove sales are going bonkers and will continue that way unless these high end guys don’t figure a way to drop their prices. I just sold my Jotul 602 CB for $1200 clams! Paid $900 for it back in 2018.
 
It would make the difference to the smaller manufacturers that can’t afford all this r&d and testing costs. Maybe this would just offset the tariff a bit I don’t know?
But they already spent that money and are delivering the currently compliant products.

Regulatory consistency or at least unchanging long term rules are usually in a company’s best interest.

Decisions made on short to zero notice are disruptive and probably beneficial to only a select few.
 
Most of these hybrids are just the same secondary burn stove with a cat over the flue collar. Looks like a bandaid fix to me just to eke out a few more efficiency and particulate points.
Do you have two examples. I can’t think of any that did this. Jotul was a complete redesign for all there models internally.
 
Energy prices are still sky high here. I’m in RI

Shame to see. Maybe all these vehicle emission repeals will make its way to wood stoves at some point soon and that will help ease costs.
 
Energy prices are still sky high here. I’m in RI

Shame to see. Maybe all these vehicle emission repeals will make its way to wood stoves at some point soon and that will help ease costs.
California has not changed their rules. I doubt manufacturers want to got back to a two tiered/region offerings. Then have the possibility it all get rewritten. And the global market probably means engines will meet the the strictest standards in major international markets
 
Do you have two examples. I can’t think of any that did this. Jotul was a complete redesign for all there models internally.
Regency, hearthstone a couple I’ve seen. I think Jotul just slammed a free flowing cat into the 500 but totally redesigned the 400 series in to a bit larger F445. The 602 has a slammer in as well. I figure they will do the same to the F45 and 55 there is room for it above the baffle and easy access.
 
It would make the difference to the smaller manufacturers that can’t afford all this r&d and testing costs. Maybe this would just offset the tariff a bit I don’t know?
But it would take the same money to develop a new stove to pre 2020 requirements
 
Regency, hearthstone a couple I’ve seen. I think Jotul just slammed a free flowing cat into the 500 but totally redesigned the 400 series in to a bit larger F445. The 602 has a slammer in as well. I figure they will do the same to the F45 and 55 there is room for it above the baffle and easy access.
That would be the non-pro Regency versions. The 445 & 500 Jotuls are quite different with no bypass and the large rectangular cat is under the top lid so that a good portion of the cat's heat is radiated off the top of the stove. This is different from placing it right under the flue collar where most of the heat heads up the flue.