# 5 year cost analysis

### 5 year cost analysis

I am now on my 6th year of burning coal. I bought an Alaska Channing III. Total cost for the stove and things I have bought for the stove set up, amounts to \$2,200. The first 5 years I bought my coal locally @ an average of \$240 a ton. I have gone through 18 tons of coal in the first 5 years. So my cost for coal has been \$4,320. So total cost for stove and coal for the first 5 years was \$6,520. I used to burn about 600 gallons of fuel oil each winter. The average price of fuel oil over the last 5 winters in my area has been at least \$3.50 a gallon. So 600 gallons x 5 years =3,000 gallons @ \$3.50 a gallon = \$10, 500. So cost of coal and initial stove and set up comes to \$6,520. My total savings over the first 5 years would be \$3,980.
This year I bought 22 tons of coal from PA delivered by a tri axle dump truck. Coal was \$185 a ton delivered for a cost of \$4, 070. This coal will last me 6 years as I burn about 3 1/2 tons a year. If fuel oil remains about \$3.50 a gallon over the next 6 years. I would have gone through 3,600 gallons(6 years x 600 gallons a year). So 3,600 gallons x \$3.50 a gallon = \$12,600 over the next 6 years. Lets say I have to put \$500 in parts into the coal stove over the nest 6 years. Coal cost of \$4.070+\$500 in possible stove repairs = \$4570 over 6 years. My savings over the next 6 years should be around \$8,030(\$12,600-\$4,570). Not too bad. That is a savings of \$12,010 over 11 years. Have a Happy New Years.
gorpot

Stove/Furnace Model: Channing III

### Re: 5 year cost analysis

I am also guessing the house is way warmer Priceless
2001Sierra

Hot Air Coal Stoker Stove: Keystoker 90 Chimney vent
Coal Size/Type: Rice
Other Heating: Buderus Oil Boiler 3115-34
Stove/Furnace Model: Keystoker 90 Chimney Vent

### Re: 5 year cost analysis

Your analysis is SPOT ON!!!!!!!!!!!!!!!!!!! Just the facts, clear, concise, accurate, AND logical endpoints.
It goes without saying that you and your family are more comfortable also. Burn a dinosaur habitat, not a tree.........

Happy New Year right back at you, and hopefully you can help introduce others to your proven savings......and personal comfort.
whistlenut

Stoker Coal Boiler: AA130's,260's, AHS130&260's,EFM900,GJ & V-Wert
Hand Fed Coal Boiler: Franks,Itasca 415,Jensen, NYer 130,Van Wert
Hot Air Coal Stoker Furnace: Alaska, EFM, Keystoker, Yellow Flame
Hot Air Coal Stoker Stove: Alaska, Keystoker-2,Leisure Line
Hand Fed Coal Stove: Alaska, Gibraltar, Keystone,Vc Vigilant 2
Hand Fed Coal Furnace: Ford, Jensen, NYer, Van Wert,
Baseburners & Antiques: Glenwoods
Coal Size/Type: Barley, Buck, Rice ,Nut, Stove
Other Heating: Oil HWBB

### Re: 5 year cost analysis

Alright,all You Guest Lurkers out there in ComputerLand,take note ! We don't make this stuff up. This was yet another report from the Field regarding heating with Coal. Situations,Home or Building Characteristics,Type of Coal Burning Appliance and Coal Quality and Supply all factor in to your Personal Experiences and Stories. This is one of 'em. Enjoy,and don't be ashamed to join us here on the Board ! Thanx,gorpot for your clear and concise post on your results over a longer time period.
Hambden Bob

Hot Air Coal Stoker Stove: Harman 1998 Magnum Stoker
Hand Fed Coal Stove: Blower Model Coal Chubby 1982-Serial#0097
Coal Size/Type: Rice-A-Roni ! / Nut
Other Heating: Pro-Pain Forced Air

### Re: 5 year cost analysis

This month marks 3 years since I fired my EFM up. I have purchased about 28 tons of coal over 3 years, total coal cost is around \$7300. Using an average of 1700 gallons of fuel oil per year at \$3.50 per gallon....\$17,850. \$10,550 in savings minus \$5,000 for the EFM & install parts. \$5550 in savings. Other things that are tough to quantify are gas for the truck to haul the coal, and the thermostat being on 72 instead of 68.
Rob R.

Stoker Coal Boiler: EFM DF520
Hand Fed Coal Stove: Hitzer 50-93
Coal Size/Type: Lehigh Rice
Other Heating: Dad's 1953 EFM Highboy

### Re: 5 year cost analysis

That's interesting

Lets see,
Furnace \$650 (second hand)
Stove Pipe \$400 (1st year I had a stove pie chimney)
Water Coils \$250
Misc Stuff \$400 (piping, connections, mano, dampers, some duct work)
Grates \$120 (broke 2 grates so far)
Coal 25 Tons for 5 years @ 235/ton = \$5875
Total \$7695

Previously,
Propane, wood pellets, electric
\$2500 per year x 5 years = \$12500

Saved \$4805

Water coils cut about \$100 per month on electric..
\$600 per year x 5 years = \$3000 and I sold the propane furnace for \$300...
Total savings using coal for my
first 5 years should be around \$8105
Last edited by Lightning on Wed Jan 01, 2014 9:04 pm, edited 1 time in total.
Lightning

Hand Fed Coal Furnace: Overmodified/Bored out Clayton 1537
Coal Size/Type: Anthracite/Awesome Size

### Re: 5 year cost analysis

Let's see---6 yrs. hand-fired 50-93 3 ton per yr. not to much cost---1 yr. oil hot air furnace--way to much cost--40 yrs wood burning--blocking, splitting, moving, moving & moving again--bad back, shoulders are shot---over-all savings with coal----A BUNCH
freetown fred

Hand Fed Coal Stove: HITZER 50-93
Coal Size/Type: BLASCHAK Nut

### Re: 5 year cost analysis

gorpot wrote:I am now on my 6th year of burning coal. I bought an Alaska Channing III. Total cost for the stove and things I have bought for the stove set up, amounts to \$2,200. The first 5 years I bought my coal locally @ an average of \$240 a ton. I have gone through 18 tons of coal in the first 5 years. So my cost for coal has been \$4,320. So total cost for stove and coal for the first 5 years was \$6,520. I used to burn about 600 gallons of fuel oil each winter. The average price of fuel oil over the last 5 winters in my area has been at least \$3.50 a gallon. So 600 gallons x 5 years =3,000 gallons @ \$3.50 a gallon = \$10, 500. So cost of coal and initial stove and set up comes to \$6,520. My total savings over the first 5 years would be \$3,980.
This year I bought 22 tons of coal from PA delivered by a tri axle dump truck. Coal was \$185 a ton delivered for a cost of \$4, 070. This coal will last me 6 years as I burn about 3 1/2 tons a year. If fuel oil remains about \$3.50 a gallon over the next 6 years. I would have gone through 3,600 gallons(6 years x 600 gallons a year). So 3,600 gallons x \$3.50 a gallon = \$12,600 over the next 6 years. Lets say I have to put \$500 in parts into the coal stove over the nest 6 years. Coal cost of \$4.070+\$500 in possible stove repairs = \$4570 over 6 years. My savings over the next 6 years should be around \$8,030(\$12,600-\$4,570). Not too bad. That is a savings of \$12,010 over 11 years. Have a Happy New Years.

You forgot to add any cost to operate ,clean and service that oil burner or the first investment of it like you did with the coal stove,,, your saving are way over what you figured,,,
scottshotgun

Hot Air Coal Stoker Stove: Alaska channing 3 /Coal-trol
Coal Size/Type: rice
Other Heating: Propane boiler/ baseboard

### Re: 5 year cost analysis

I did kind of a stubby pencil cost comparison the other day. Since 15 Oct, when I fired up my furnace, I've gone through 80 bags of coal. @ \$6 per bag that's \$480. My cost for propane, given the bitter cold we've had since the beginning of December, would have been in the neighborhood of \$1200! So yes, I'm saving serious \$\$\$ by burning coal and I love the way it more evenly heats the house than propane!
DennisH

Hand Fed Coal Furnace: Yukon-Eagle Klondike IV
Other Heating: Propane

### Re: 5 year cost analysis

Rob R. wrote:Thanks for sharing your figures.

This month marks 3 years since I fired my EFM up. I have purchased about 28 tons of coal over 3 years, total coal cost is around \$7300. Using an average of 1700 gallons of fuel oil per year at \$3.50 per gallon....\$17,850. \$10,550 in savings minus \$5,000 for the EFM & install parts. \$5550 in savings. Other things that are tough to quantify are gas for the truck to haul the coal, and the thermostat being on 72 instead of 68.

Yeah, the "tough to quantify" items throw me also. If I just compare the amount of coal I burn and convert that to the amount of propane I would have burned, the savings look great. But when you factor in the increase in house temp (about 3-4 degrees warmer with coal), lower appliance efficiency and the heat that is lost to the basement off the stove body, the savings don't look quite as substantial.
WNYRob

Hot Air Coal Stoker Stove: Keystoker Koker controlled with CoalTrol