Estimated yearly savings by using coal

Re: Estimated yearly savings by using coal

PostBy: Rob R. On: Sun Dec 26, 2010 6:32 pm

wsherrick wrote:
markviii wrote:Since my coal boiler died last week I have been watching the hour meter I installed on my oil boiler. Doing a rough degree day calculation, it works out to 40-50% savings by running the coal boiler. The colder the average temperature, the greater the savings (less idle losses). My wife has also informed me that the oil boiler is loud, and the floors are cold...so that is worth some $$ too.

-Rob


You have made three excellent points here. 1. Coal saves you money. 2. Coal gives you a higher comfort level and 3. Keeping the CEO happy is the most important point of all.


I think I listed the three in the reverse order of importance. :D
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Re: Estimated yearly savings by using coal

PostBy: jmbabl81 On: Thu Dec 30, 2010 10:20 am

anyone know where to buy anthracite around 15068(New Kensington PA)? Thanks.
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Re: Estimated yearly savings by using coal

PostBy: jmbabl81 On: Thu Dec 30, 2010 6:06 pm

Chips Stove Shop in apollo pa.
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Re: Estimated yearly savings by using coal

PostBy: Rob R. On: Thu Dec 29, 2011 12:16 pm

Another year has come and gone...lets see some current numbers. Fuel oil is $3.69 cash price where I live, and instead of 1500-1600 gallons of No. 2, I'm looking at burning 8-9 tons of rice coal. I paid $265 per ton, so I should save about 55% ($3300 in my case) this year by burning coal...more if the price of fuel oil goes up between now and spring.

Edit: Added % savings.
Last edited by Rob R. on Thu Dec 29, 2011 2:00 pm, edited 1 time in total.
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Re: Estimated yearly savings by using coal

PostBy: Pacowy On: Thu Dec 29, 2011 12:49 pm

I'm saving about 70% relative to FO and 43% relative to NG at current prices.

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Re: Estimated yearly savings by using coal

PostBy: kstills On: Thu Dec 29, 2011 2:31 pm

Looks close to 65% over FO.
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Re: Estimated yearly savings by using coal

PostBy: lsayre On: Thu Dec 29, 2011 2:41 pm

I'm guessing that by burning coal I should save about $1,500 annually vs. heating oil, and about $1,000 annually vs. electricity. I'm losing about $265 vs. natural gas.
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Re: Estimated yearly savings by using coal

PostBy: mopar65pa On: Sat Jan 07, 2012 12:18 am

when we bought our house it was heated with 3 LP gas stoves. the Previous owners said they had to fill the 700lbs tank 3 times a year @ $1500= $4500 per year.

I put a surdiac coal stove in one end and a wood stove on the other of the basement of our 2200sqft house including the finished basement.

We burn 4 tons of coal a year @ a cost of $640 so we are saving $3860 per year. With the house staying between 65*-70* when it's stays above 20* outside. When it gets below 20* I need to fire up the wood stove for a few hours to bring the temp back up.

I need to get our 2.5 ton A/C unit ducked in so I can use that to circulate the hot air from the basement and then I can over insulate the attic too and cut more cost. 8-)
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Re: Estimated yearly savings by using coal

PostBy: Lightning On: Wed Jan 11, 2012 9:51 am

Before coal I used a variety of heating fuels. Wood pellets, Propane and Electricity, sometimes all at once sometimes one at a time. I came up with around $2400 to heat last year. This year with coal I'm figuring 4 ton max for about $900 PLUS I plan to install a water coil which will knock $250 off the heating season for electric hot water. Next year I will see the gravy $2400-900+250 = $1750. Thats awsome! This year the $1500 saved bought the furnace, stove pipe and all the odds and ends for installation. :woot:
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Re: Estimated yearly savings by using coal

PostBy: Bootstrap On: Fri Jan 13, 2012 4:04 pm

Well I did some numbers. One way I priced it out was on the blaschak website, they have a handy dandy calculator there. My pricing in the spring time-summer time is about $260 per ton bagged. (BT Pellet's suffield facility). My cost for Natural gas is approx. $1.5 per therm. To produce the same heat with nat gas, I would have to spend $390 in gas. That doesn't count the cost to run the blower(forced hot air) or the efficiency loss through ducting.
The website here says that it would cost me about $13.50 per million btu with coal, and $18.75 per million with nat gas(furnace is 80% efficient). If I drop the furnace efficiency down to 70% to count the ducting loss and cost to run the blower(a guess) it goes up to $21.43. No matter what I know coal doesn't cost me MORE and I feel better about supporting local business as opposed to some big corp. Plus with the coal heat I can't keep the house below 75 degrees and the woman loves it.
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Re: Estimated yearly savings by using coal

PostBy: mr380 On: Tue May 08, 2012 10:58 am

oil for 16 years...got to the point of not being able to afford oil...so i switched to coal from the help of my neighbor...bought the keystoker 90k for 700 bucks..895 bucks total after cleaning up(paint,glass,gaskets,piping)..cant complain..oil would have cost 1600-1700 for the 2012 season...bought bagged coal to start myself off since i didnt have a coal been yet so my total investment was around 1700.00...funny part is the stoves already paid for now and coal bin built...burnt 3 tons coal to keep house at 72-75 degrees...its small only 1000 sq feet but it was in the unfinished basement heating it and the main first floor.....expect to burn no more that 4 tons worse case...so i figure no more than 800 bucks to heat the house...savings ??? how about 50 percent !!!!!
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Re: Estimated yearly savings by using coal

PostBy: th3006 On: Wed May 30, 2012 8:43 pm

I have saved alot. I just ordered 4 ton to fill up for a whole season,$905.00 and I used to spend 1600-1800 a year in LP and we are warmer. So far I am really happy
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