Coal vs. Oil currently, Is it really worth it ?

Coal vs. Oil currently, Is it really worth it ?

PostBy: tmegg On: Thu Feb 05, 2009 10:04 am

I've been struggling with my Vigilant recently and thus contemplating a Hitzer 30-95. My local coal price is $300 per ton bagged. My local Oil price is $1.75 per gallon as of 2/5/2009. Using this formula from the web it's break even without the work.
http://www.townleycoal.com/cost.php
The ROI on the Hitzer is not looking too good at these prices, convince me I'm wrong.
tmegg
 
Stove/Furnace Make: Vermont Castings
Stove/Furnace Model: Vigilant Series I

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: CapeCoaler On: Thu Feb 05, 2009 10:12 am

Short answer is Yes!
Oil is about as low as it goes right now.
You will be buying an American product and helping keep folks employed.
When oil pops back up you will be happy you bought the stove and not waiting for one like everybody else.
CapeCoaler
 
Stoker Coal Boiler: want AA130
Hand Fed Coal Stove: DS Machine BS#4, Harman MKII, Hitzer 503,...
Coal Size/Type: Pea/Nut/Stove

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: Steve.N On: Thu Feb 05, 2009 10:15 am

You are lucky with that oil price, oil here is $2.60 a gallon though coal is $330 a ton bulk picked up :x
Steve.N
 
Stove/Furnace Make: Harman mkII
Stove/Furnace Model: Axeman Anderson 260 at store

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Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: coal berner On: Thu Feb 05, 2009 10:16 am

tmegg wrote:I've been struggling with my Vigilant recently and thus contemplating a Hitzer 30-95. My local coal price is $300 per ton bagged. My local Oil price is $1.75 per gallon as of 2/5/2009. Using this formula from the web it's break even without the work.
http://www.townleycoal.com/cost.php
The ROI on the Hitzer is not looking too good at these prices, convince me I'm wrong.

At 300 a ton for coal Oil will have to be 1.70.9 Per Gal. to be even You are close to that with 1.75.9 Per Gal
But Remember That Oil Price will not Stay there for long Buy the stove For The Long Haul down the Road . Plus it is
100% Made in the U.S.A. Aswell As the Fuel You will be Burning :D
coal berner
 
Stoker Coal Boiler: 1986 Electric Furnace Man 520 DF
Stove/Furnace Make: Electric Furnace Man
Stove/Furnace Model: DF520

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: coal berner On: Thu Feb 05, 2009 10:19 am

Steve.N wrote:You are lucky with that oil price, oil here is $2.60 a gallon though coal is $330 a ton bulk picked up :x

Oil At 2.60.9 Per gal Coal would have to be 455.00 Per ton to make oil cheaper You are way ahead of the Game Plus
You are burning 100% American Product ;)
coal berner
 
Stoker Coal Boiler: 1986 Electric Furnace Man 520 DF
Stove/Furnace Make: Electric Furnace Man
Stove/Furnace Model: DF520

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: Steve.N On: Thu Feb 05, 2009 10:26 am

I don,t burn any oil at home but here in my store insurance regulations won't let me have a solid fuel appliance. I set up an AA-260 to heat this winter that is currently setting idle waiting for their decision. The AA is not even installed in the main store.


EDIT Maby I should have said insurance company, because of the age and construction of this building I had a hard time getting fire insurance. Now I have to kiss their but so they don't cansel me again
Steve.N
 
Stove/Furnace Make: Harman mkII
Stove/Furnace Model: Axeman Anderson 260 at store

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: sharkman8810 On: Thu Feb 05, 2009 10:46 am

I can't, not with the comparison spreadsheet the gov't put out, and is linked in this website. Especially not with the cost of a new 30-95. You would have to want too because of not buying foreign, and the electric backup reasons, but straight $$$ i would say no.
sharkman8810
 
Hand Fed Coal Stove: hitzer 82 ul
Coal Size/Type: nut
Stove/Furnace Make: hitzer
Stove/Furnace Model: 82 u.l.

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: Paulie On: Thu Feb 05, 2009 10:58 am

Buy the stove. All the conditions that allowed oil to spike are still there, except market. The economy will improve and with
it the price of energy. It is interesting to note that all the attention is on bad banks and banking. Those stupid notes were
being paid for the most part until everything else exploded in price. What caused those price increases? OIL. All economies
are powered by oil. It goes up, everything goes up. Buy the stove, with the money you save as oil increases you can buy ....
food. :)
Paulie
 
Stove/Furnace Make: leisure Line
Stove/Furnace Model: Pioneer

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: coal berner On: Thu Feb 05, 2009 11:21 am

sharkman8810 wrote:I can't, not with the comparison spreadsheet the gov't put out, and is linked in this website. Especially not with the cost of a new 30-95. You would have to want too because of not buying foreign, and the electric backup reasons, but straight $$$ i would say no.

try The One Below


http://energy.cas.psu.edu/EnergySelector.html
This link is broken, either the page no longer exists or there is some other issue like a typo.
coal berner
 
Stoker Coal Boiler: 1986 Electric Furnace Man 520 DF
Stove/Furnace Make: Electric Furnace Man
Stove/Furnace Model: DF520

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: CapeCoaler On: Thu Feb 05, 2009 11:33 am

I like it!
CapeCoaler
 
Stoker Coal Boiler: want AA130
Hand Fed Coal Stove: DS Machine BS#4, Harman MKII, Hitzer 503,...
Coal Size/Type: Pea/Nut/Stove

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: billlindley On: Thu Feb 05, 2009 11:38 am

I had caluclated @ $3.50 a gallon it would take about 2 years to pay for the stove. With oil as cheap as it is now it would take longer of course but you can't bank on Oil staying low. I would take the stove and hold on to it. Burn oil now if you must then when oil goes bakc up use the coal stove. It may take 1 or 2 years but the fair price for oil will return to about $60-80 a barral. At those prices you will be looking at $3 heating oil with spikes at times. The market has shown that $130-150 oil is not sustainalbe but the oil industry can't survive with prices where they are so the market will eventually correct as suppliers wind down production.
billlindley
 
Stove/Furnace Make: Reading
Stove/Furnace Model: Lehigh RS-96

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: coalvet On: Thu Feb 05, 2009 12:35 pm

The other thing to consider is for me at least is I keep my house much warmer using coal than I ever would with oil. My fuel oil consumption would be out of sight if I set the thermostat at the same temp.

Rich
coalvet
 
Hand Fed Coal Stove: Crane Model 404
Coal Size/Type: Nut
Other Heating: NG Boiler

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: VigIIPeaBurner On: Thu Feb 05, 2009 1:16 pm

tmegg wrote:I've been struggling with my Vigilant recently ...>8 (clip)...


You should be able to find answers with what you are "struggling" with regarding running coal in the Vigilant I model. Many forum members successfully burn coal in them. Some members have returned to coal recently after a long hiatus and have a lot of question that get answered here.

Here's some general searching tips . Try to use the Google search function in the right side of the banner. You can skinny-down your search by using the magnifying glass at the bottom right next to the ?. Once you find a member with a similar model, click on their name and you'll find a link to their posts. Member rewinder has two older units running 24/7 and has posted great tips to address using them.

Here's a couple of threads with information about several Vigilant models dispersed throughout the discussion. Hope they help.

ash build up in my vermont coal stove??

Vermont Castings Vigilant coal stove

What ever you decide, weather it's using the Vigilant you have (no ROI time) vs. buying a new Hitzer, seriously consider staying with coal. Others have stated, no need to repeat it.

Ask away!
VigIIPeaBurner
 
Hot Air Coal Stoker Furnace: Keystoker Koker
Hand Fed Coal Stove: Vermont Casting Vigilant II 2310
Other Heating: #2 Oil Furnace

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: sharkman8810 On: Thu Feb 05, 2009 1:33 pm

i tried the penn state energy calculater, and they say they are about equal, and they are. However with the costs equal, it doesnt justify the cost of a 30-95. Is a 30-95 equal btu output to a vigilante? On a straight cost for money savings the outlay isn't justified, however with oil escalation probable and the stability of coal, that could be a factor, plus the other "political reasons" for not burning oil. Maybe look at the model 55 or 82 they are both excellent stove with good heat output for the cost, a great value for the dollar.
sharkman8810
 
Hand Fed Coal Stove: hitzer 82 ul
Coal Size/Type: nut
Stove/Furnace Make: hitzer
Stove/Furnace Model: 82 u.l.

Re: Coal vs. Oil currently, Is it really worth it ?

PostBy: tmegg On: Thu Feb 05, 2009 1:49 pm

Regarding the Vigilant and burning coal. I'm a seasoned expert having bought a Coal Chubby during the 70's oil crisis. I've used the Vigilant since 1986. My problem is the quality of coal over the past couple of years has gone fom bad to worse. Anyone who has burned coal for as many years as I have will tell you that there is no comparison to deep mined coal to the current strip mined coal. That is another reason for me having 2nd thoughts. The Vigilant is a well made, nice looking stove that will act a free standing fireplace if I never burn coal again. I do like having the insurance of a backup heat source in case of a power outage.
tmegg
 
Stove/Furnace Make: Vermont Castings
Stove/Furnace Model: Vigilant Series I

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