Estimated yearly savings by using coal

Re: Estimated yearly savings by using coal

PostBy: FireFuzz On: Sat Mar 22, 2014 2:47 pm

I started burning coal on February 13, 2014, moving away from kerosene.

I have saved approximately $301.97 from then until today, March 22, 2014 (38 days). (yes. I'm a spreadsheet nut)

Had I been smart enough and fortunate enough to find my stove at the start of this heating season, I would have saved $1,353.56 this season.

Makes me happy and sad. I'm saving from here. All hail coal!!!
FireFuzz
 
Hot Air Coal Stoker Stove: Reading Lehigh
Coal Size/Type: Rice

Re: Estimated yearly savings by using coal

PostBy: lsayre On: Sat Mar 22, 2014 3:11 pm

This heating season, for the two really cold months of January and February alone I've estimated our savings over electricity provided heat and hot water at $940. Two more "normal" heating seasons of paying for the boiler and its install through savings vs. electricity and then we will be saving money to the tune of at least $1,500 per year. But 1.5 more seasons like the current cold one should do it.
lsayre
 
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Anthracite Pea
Other Heating: Resistance Boiler (if I ever get it fixed)

Re: Estimated yearly savings by using coal

PostBy: hcarlow On: Fri Jun 06, 2014 3:00 pm

My boiler and installation will be paid for at the end of next winter ,which will be year 3 . I saved a little over $1500 and had I'd been smarter I would have saved more this year as I shut down a month to early . This projection is based on current oil costs for next winter .
hcarlow
 
Stoker Coal Boiler: Leisure Line WL 110