Estimated yearly savings by using coal

Re: Estimated yearly savings by using coal

PostBy: Jlew1129 On: Wed Sep 17, 2008 10:07 pm

We installed our stove between Christmas and New Years last year (2007). I was able to shut my gas furnace off, and havent run it since. The house is definatley more kozy now, than with the gas furnace. Since we made the switch in the middle of the heating season, once we get into this heating season, the savings from changing to coal will have paid for itself.
Jlew1129
 
Stove/Furnace Make: Liesure Line
Stove/Furnace Model: Pioneer Back Vent

Re: Estimated yearly savings by using coal

PostBy: Horace On: Thu Sep 18, 2008 4:30 pm

I used the electric baseboard heat in the house for one season six years ago - when electric was relatively cheap. There were radiators only on the top floor of a ranch house. The house was always chilly, and the floors were downright cold. Switched to a Harman Magnum Stoker the next year. I estimated that the cost for electric that year for only the heat at around $1,200. At the time, I was getting coal for $165 per ton and burning about 2.5 tons per year to heat the entire house. So:

Electric $1,200
Coal 2.5 X 165 = $412.50

HUGE savings, and the stove came with the house. Even though my coal has gone up to $230 per ton, electric cost has gone up by far more, and would have to double is usage to heat the rest of the house.
Horace
 
Hot Air Coal Stoker Stove: Harman ST8-VF8 / Frankenstove

Re: Estimated yearly savings by using coal

PostBy: bear creek burnout On: Tue Sep 23, 2008 8:24 pm

Even though my coal has gone up to $230 per ton


Horace.....I'm in NEPA and coal is still about $160 ton delivered.....I'm expecting a huge savings if I can cut my oil usage in half...I usually use between 1,400 & 1,500 gals/year.....that's as much as 750 gals @ $3.90/gal pre-buy price....I should have installed a stove 13 years ago when I moved in.... :bang:
bear creek burnout
 
Stove/Furnace Make: Hitzer
Stove/Furnace Model: 503 Insert


Re: Estimated yearly savings by using coal

PostBy: morrisfamily3098 On: Tue Oct 07, 2008 9:15 am

I FOUND THIS ON ANOTHER THREAD CHECK IT OUT! :clap: :jawdrop:
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morrisfamily3098
 
Stove/Furnace Make: Leisure Line
Stove/Furnace Model: Hyfire2

Re: Estimated yearly savings by using coal

PostBy: Linc On: Wed Oct 15, 2008 6:47 am

I won't be saving (money that is) it will be costing me more. But will be saving me a ton of back breaking labor. Wood is way to much work even if it is free. :D If my heating was totally with my propane furnace coal will be saving me approx. $1200-$1400.
Linc
 
Hand Fed Coal Stove: Alaska Kodiak Stoker

Re: Estimated yearly savings by using coal

PostBy: Devil505 On: Wed Oct 15, 2008 6:55 am

Linc wrote:Wood is way to much work even if it is free. :D If my heating was totally with my propane furnace coal will be saving me approx. $1200-$1400.


If you have free firewood on your property...sell it & buy coal with the $$$$
Devil505
 
Stove/Furnace Make: Harman
Stove/Furnace Model: TLC-2000

Re: Estimated yearly savings by using coal

PostBy: Wood'nCoal On: Wed Oct 15, 2008 8:04 am

Hmmmm...

6 ton of coal a year for heating at around $200/ton (trailer rental and gas included)=$1200.00

1 ton of coal=180 gallons of oil...figure $3.80/gallon (http://tonto.eia.doe.gov/oog/info/hopu/hopu.asp)...
180 X 6=1080 gallons X $3.80=$4104.00
$4104.00-$1200.00=$2904.00

Even NJ natural gas users will be paying more:


http://www.northjersey.com/business/news/30459454.html
This link is broken, either the page no longer exists or there is some other issue like a typo.


I'm suddenly in a good mood. :)
Wood'nCoal
 
Stoker Coal Boiler: 1959 EFM 350
Hand Fed Coal Stove: Harman Magnafire Mark I
Coal Size/Type: Rice and Chestnut
Other Heating: Fisher Fireplace Insert

Re: Estimated yearly savings by using coal

PostBy: ken On: Wed Oct 15, 2008 8:18 am

sounds like a trip to Alantic City might be on the list John , nice savings. :D
ken
 
Stove/Furnace Make: Keystoker - Rice Coal
Stove/Furnace Model: 75K - Bay Window - Direct Vent

Re: Estimated yearly savings by using coal

PostBy: Wood'nCoal On: Wed Oct 15, 2008 8:24 am

Too bad I don't gamble!

I think my figures are correct. One thing for sure...if I heated with oil only I would not be able to afford it, plus with forced hot air heat in a 175 year old house it's never really warm. The stoves provide a radiant heat source.

The other benefit is the DHW the Alaska supplies, if I ever get around to installing the second tank and loop it will work even better.

And as far as the amount of work coal requires...it's a lot easier then the 6 to 8 "cords" of wood I used to burn per winter.
Wood'nCoal
 
Stoker Coal Boiler: 1959 EFM 350
Hand Fed Coal Stove: Harman Magnafire Mark I
Coal Size/Type: Rice and Chestnut
Other Heating: Fisher Fireplace Insert

Re: Estimated yearly savings by using coal

PostBy: LsFarm On: Wed Oct 15, 2008 8:44 am

Last season I heated with propane, about three years ago, the pre-buy and extra to make to the end of April was 6000 gallons, at today's price of $2./gallon that's $12,000 and the house was at 62*.
Last season, I burnt about 12 tons at $200/ton delivered..so about $2400.. with that savings I can put a serious smile on my face.. and afford my property taxes !!
The house was comfortable at 68-72* and I love the unlimited hot water.

Greg L
LsFarm
 
Stoker Coal Boiler: Axeman Anderson 260
Hand Fed Coal Boiler: Self-built 'Big Bertha' SS Boiler
Baseburners & Antiques: Keystone 11, Art Garland

Re: Estimated yearly savings by using coal

PostBy: cArNaGe On: Wed Oct 15, 2008 8:57 am

I just threw out my propane HWH that's been in my basement about 3 years. I got a chuckle because it said it would cost $220/year to operate, @ .60 gallon. Hehe
cArNaGe
 

Re: Estimated yearly savings by using coal

PostBy: Linc On: Wed Oct 15, 2008 5:01 pm

Devil, Most all the free wood was from work. (Pallet wood) Also the property behind mine was logged out last year,I was given permission for the tops and end pieces. Cherry and Black Walnut,they are both a mutha to split. :shock:
Linc
 
Hand Fed Coal Stove: Alaska Kodiak Stoker

Re: Estimated yearly savings by using coal

PostBy: AdkCoal On: Fri Jan 09, 2009 3:19 pm

We would use approximately 800 gallons of fuel to heat our house. We would keep the house at 67 to 68 degress and used electrical space heaters to conserve oil. We would spend around $2,400 per season for oil.

With the Keystoker, I estimate that we will use around 5 tons of coal. I buy the coal bagged and it costs me $325 a ton. The house is a nice consistant 72 degrees all day long and we are not using the space heaters at all. As an added bonus we just got our electrical bill and there is a $100 reduction compared to last years bill at this time.

I estimate that I will save somewhere between $1,000 to $1,100 this year.

At that reate, my Keystoker including installation will be paid back in 4 years.

Using coal for me is actually easier than oil. I have to keep a path to the back of my house shoveled and the back gate shoveled so that the oil man can get to the input valve. The coal on the other had goes right into my attached fuel storage area which I keep cleared with a plow. Not using oil, don't need the path. :D
AdkCoal
 
Stove/Furnace Make: Keystoker
Stove/Furnace Model: KAA-2

Re: Estimated yearly savings by using coal

PostBy: spotcatbug On: Fri Jan 09, 2009 5:18 pm

AdkCoal wrote:We would use approximately 800 gallons of fuel to heat our house. We would keep the house at 67 to 68 degress and used electrical space heaters to conserve oil. We would spend around $2,400 per season for oil.


Same here. I estimate roughly $1000 saved versus heating (if you can call it that :D) with oil.
spotcatbug
 
Stove/Furnace Make: Harman
Stove/Furnace Model: SF-260 Boiler

Re: Estimated yearly savings by using coal

PostBy: Cyber36 On: Thu Jan 15, 2009 2:57 pm

When this winters all said & done, I've saved myself 1800 - 2000 dollars, depending on the fluctuating price of a gallon of Arab piss..................
Cyber36
 
Hand Fed Coal Stove: Marathon/Logwood