Thursday, September 30 2010
Adding a wood stove is an energy-efficient, money-saving way to bring a cozy feeling to your house, if you’re willing to spend time stoking the fire
Although wood stoves might conjure up images of a smoke-belching potbelly in a backwoods cabin, today’s models are up to 80% efficient, meet U.S. Environmental Protection Agency emission guidelines, and reduce heating bills by nearly half when energy prices are high.
The best use of an energy-efficient wood stove is to supplement an existing heat source, such as electricity or gas. This method, called zoned heating, ensures all your rooms are toasty. Wood stoves aren’t good at heating entire houses with many small rooms and long hallways.
Feelin’ the heat
What do they cost?
Cost of wood fuel
If you intend to use of an energy-efficient wood stove as a supplemental heating source, expect to burn two to five cords of wood each heating season. However, heat output varies widely according to the type of firewood you’ll burn.
Your money won’t go up in smoke
Using an energy-efficient wood stove for heating can save a bundle, potentially 10% to 40% of annual heating costs of with an electric, fuel oil, or gas furnace. With average annual heating costs of $638, according to Energy Star, your yearly savings could range from $64 to $255.
Tax credits for wood stoves
If you’re buying a wood stove, you’re in luck—until the end of calendar year 2010. There are federal tax credits of up to $1,500 available for wood stoves (referred to at Energy Star as biomass stoves). However, those credits go away after December 31, 2010.
Read more: http://www.houselogic.com/articles/wood-stoves-burn-wood-not-money/#ixzz112Fv6UdR