If you are thinking about ways through which you can cut heating bills, then a pellet stove could be an option worth exploring. Whereas conventional heaters require fuel acquired from biomass or wood to generate the heat, a stove that uses pellets does so by utilizing small and compressed pellets. This can be a more efficient and ecologically friendly way of warming houses during winter time. But how does it lead you to save some bucks?
As to why the pellet stove has gained much popularity in the recent past, a few factors can be attributed. It is believed that they are cleaner and much more convenient to use as compared to a majority of other types of heating options. However, you may wish to have an understanding of the setup and other benefits, so that you come up with your conclusion. Here, we bring you the cost benefits of utilizing a pellet stove in your home’s heating.
Buying and Installing a Pellet Stove
The price of a pellet stove for the first time will greatly differ depending on the configuration of the model. The cost of stoves typically ranges from $1,500 to $3,000, and adding installation can increase the total to between $2,000 and $3,500. While this may seem expensive, it is important to consider the potential savings on fuel over time.
Pellet stoves are very efficient, and the efficiency of the pellet stove varies between 75% and 90%. Even though the price of pellets varies with region, it is on average cheaper—compared to oil, gas, or electricity. Most people claim that when they switched from a traditional heating system to a pellet stove, they cut heating costs by thousands of dollars annually.
Operating and Maintenance Costs
These pellets can be bought in 40-pound bags, and the price may vary and cost anything from $30 to $50 per bag. An average household may go through between 2-3 tons of pellets in a season—that entails using $3,300-$5,500 for fuel. The use of either electricity or gas to heat a home is much more costly—especially in very cold areas.
Another area where pellet stoves are also likely to be cheaper, in the long run, is in the aspect of maintenance. They require regular cleaning and should be serviced annually, but that is easily doable by the homeowner. If you wish to employ people to do these for you, the average professional servicing options vary—in the range of $100-$200. It is still more affordable compared to the servicing of a furnace or a boiler.
Are Pellet Stoves a Good Investment?
The initial investment of a pellet stove is easily and quickly recovered from the amount that you would save on monthly heating. They are also believed to be more sustainable because they emit fewer pollutants than oil or gas heating systems.
Altogether, pellet stoves ensure the perfect combination of functionality, affordability, and environmental friendliness. As such, they are one of the best investments for those who want to save money on heating and yet remain considerate of the planet.
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