How To Save Money On Winter Heating
For many wood stove users, efficiency and saving money are the biggest reasons they switched to heating with a wood burning stove. If you heat your home with wood, you can save money on winter heating. In fact, typical wood stove users spend only half as much on winter heating as homeowners who heat with propane, fuel oil, or electric baseboards. But traditional wood stoves aren’t perfectly efficient. MF Fire’s wood burning stoves have high efficiency, meaning our customers use less fuel and save on home heating every winter.
Do you want to learn how to save money on heating, or exactly how much you can save if you heat your home with wood? We ran the numbers to show you.
Winter Heating Cost
According to Efficiency Maine, “high-efficiency and low-particulate wood stoves are a renewable and cost-effective way to heat your home.” We used their home heating cost comparison tool to compare 8 different home heating systems, including typical EPA certified wood stoves, pellet stoves, and MF Fire’s efficient wood burning stoves.
For a 1,500 sq. ft. home in a climate with moderate winters, it will cost only about $1,150 per year to heat the home with an MF Fire wood stove. That is a $350 annual savings over a typical EPA certified wood stove, an $800 annual savings over a pellet stove, and a $2,500 savings over a propane furnace. That means over the lifetime of typical wood stoves, MF Fire wood stoves can save you over $8,500 on your winter heating bill. The Nova Series stoves are some of the best wood stoves for the money because it can save you thousands of dollars per winter on heating.
Home Heating Cost Table
|Heat Source||Cost per Year|
|MF Fire stoves||$1,150|
|Ductless heat pump||$1,349|
|Typical EPA wood stove||$1,508|
|Natural gas furnace||$1,891|
Of course, not everyone lives in a 1,500 sq. ft. house. Want to covert our winter home heating to find out how much you’d save on home heating? Just use our home type table below. Simply multiply the costs of any heat source by the multiplier for your home. For example, heating with a pellet stove in a 2,000 sq. ft. home with severe winters costs $1,987 x 2.0 = $3,974 per year. A pellet stove user switching to an MF Fire wood stove would save $1,600 each year! We think that’s a no-brainer.
Home Heating Multiplier Table
|Mild Winter, 1,500 sq. ft.||0.7|
|Mild Winter, 2,000 sq. ft.||0.9|
|Mild Winter, 2,500 sq. ft.||1.1|
|Moderate Winter, 1,500 sq. ft.||1.0|
|Moderate Winter, 2,000 sq. ft.||1.3|
|Moderate Winter, 2,500 sq. ft.||1.7|
|Severe Winter, 1,500 sq. ft.||1.5|
|Severe Winter, 2,000 sq. ft.||2.0|
|Severe Winter, 2,500 sq. ft.||2.5|
Have any more questions on how to save money on heating, or on how to heat your home with wood? Just email us at [email protected].