
10/25/07, 08:23 AM
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..where do YOU look?
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Join Date: Jan 2005
Location: northcentral WI
Posts: 3,918
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I make a great income and I heat with wood... Why? Because propane costs $600 to fill the tank right now and if we heated with that, we'd fill it every 4-6 weeks in the winter. Here, winter lasts 4-9 months (depending on who you're asking).. let's say six months. That's 24 weeks / 6 weeks which is $2,400 in propane. Wood was $75 a cord delivered in 8' logs. I can't burn 5 cords a winter if I "try" to... but let's say 5. That's $375 plus some healthy labor.
I'm not a mathematician, but that looks like $2,000 in savings PLUS the benefit of exercise and responsibility!
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As far as installing it. I bought a Jotul Oslo for $1,500, and we love it! I then went online to www.ventingpipe.com and bought an "approved configuration" and installed it myself. 2.5 stories of Class 1A pipe for $1,100 total... would have cost over $3,000 for someone else to do it.
For those of you into the whole Return On Investment calculation... that's a 12-18 month payback on an investment with a useful life of well over 10 years. Do a Net Present Value on the cash flows both ways and it'll look even better.
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When faced with issues in life, where do you look for the problem; out the window, or in the mirror?
Last edited by WindowOrMirror; 10/25/07 at 08:25 AM.
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