Estimated yearly savings by using coal

Re: Estimated yearly savings by using coal

PostBy: bobmakita7777 On: Sun Mar 02, 2008 1:21 pm

Live in NE Ohio. Paid $1200 for my Hitzer stove, $100 for lumber for my coal bin and so far this year $300 in coal. Home is 5-7* warmer. The guy we bought this home from was paying $2000 a year in oil and had the home in the mid 60* range, we are mid 70*s. With cost of stove we will be $300 ahead, w/o cost of stove-$1600 ahead. Do you average the stove cost in or just go off of fuel used per year? Thanks forum members for all the advice, should have switched to coal years ago...
bobmakita7777
 
Stove/Furnace Make: Hitzer
Stove/Furnace Model: 30-95

Re: Estimated yearly savings by using coal

PostBy: CoalRegion1 On: Sun May 04, 2008 3:20 pm

I spent close to $4,000 to heat my home with oil this past heating season. I just got my new Keystoker KB-8 up and running. According to the plumber I should burn close to 10 ton of coal per year. That includes heating my domestic water. I get my coal for 135 a ton at Harmony. So It should pay for itself in two seasons or less the way the price of oil is climbing.
CoalRegion1
 
Stove/Furnace Make: Keystoker
Stove/Furnace Model: K8

Re: Estimated yearly savings by using coal

PostBy: cArNaGe On: Sun May 04, 2008 8:33 pm

I expect to break even cost wise, or close to it. But I won't be cutting and splitting 20+ cord of wood next year. Hopefully just shoveling 15 ton or so. Which is harder?
cArNaGe
 


Re: Estimated yearly savings by using coal

PostBy: LsFarm On: Mon May 05, 2008 1:12 am

If you build an easily accessable coal hopper for your EFM, and load it with a tractor/loader,,, it will be MUCH easier burning coal..

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: JiminBucks On: Sun May 11, 2008 2:14 am

This years results are in and I'm back online, at least for tonight!
Figuring an average of 500 gallons of oil plus some local wood, it would have cost me about $1500 to heat my home, like a couple of years ago, that's at $ 3 a gallon, which is now Cheap!

This year I bought no oil at all!
Picked up a 2nd handfired - stove about $300 to bring online.
Bought $80 worth of wood, about 1/2 cord or so.
Got 1.5 ton of coal from a local here for $185
Picked up 3/4 ton from breaker for $92 + $20(gas) = $112
Spent $60 on Kerosen
Solar was free!
So my total was about $750 which includes the cost of a Franco Belge oldie!

So my saving was about $750 which was at about 50%
Next year it will be more cause I now know the ropes!
JiminBucks
 
Stove/Furnace Make: EFEL \ Franco Belge
Stove/Furnace Model: Classic Lion \ Normandie

Re: Estimated yearly savings by using coal

PostBy: bobmakita7777 On: Mon May 12, 2008 7:57 pm

Just talked to the fuel delivery guy at work here in NE Ohio and he said that heating oil will be $3.93 tomorrow and $5.00 by fall. He said that he is switching to coal and was asking me questions. At the $5.00 rate it would cost me $3,000 in oil to heat my house VS the $400 in coal....
bobmakita7777
 
Stove/Furnace Make: Hitzer
Stove/Furnace Model: 30-95

Re: Estimated yearly savings by using coal

PostBy: boilerman On: Tue May 27, 2008 6:43 pm

My year end prices can in as follows
june2006 to june 2007, $3600.00 in propane (budget payment)
This is for heat, cooking, domestic hot water
I got off in the budget in June 2007 and went coal for the 2007/2008 heating season and spent 900 bucks in coal

I still have 20% in the propane tank. Started the season with 30%. 10% was used for cooking and supplemental domestic hot water.

Boiler will pay for itself next year.
boilerman
 
Stove/Furnace Make: keystoker boiler

Re: Estimated yearly savings by using coal

PostBy: boilerman On: Tue May 27, 2008 6:45 pm

Correction...should have read, I got off the budget in June 2007.. dyslectic i guess
boilerman
 
Stove/Furnace Make: keystoker boiler

Re: Estimated yearly savings by using coal

PostBy: baldeagle On: Sun Jul 13, 2008 10:38 pm

Savings in our part of W. PA depend on Nat Gas --during Katrina's year they had us @$14 ------ or $300/mo budget. LAST YEAR 2 1/2 TONS OF ANTHRACITE pea, year before 3 tons of ANTHRACITE nut .... saved some and we were a lot warmer! This year they have us back around $14
for gas so should save $2000 if coal stays @ about $200/ton. baldeagle
baldeagle
 
Stove/Furnace Make: Hitzer 354
Stove/Furnace Model: Hitzer 503

Re: Estimated yearly savings by using coal

PostBy: gambler On: Sun Jul 13, 2008 10:51 pm

baldeagle,where are you located in western Pa?
gambler
 
Stove/Furnace Make: Leisure Line
Stove/Furnace Model: Pioneer

Re: Estimated yearly savings by using coal

PostBy: Dans58 On: Sun Jul 20, 2008 2:04 pm

This will be my first year with coal , but I know that I used almost 1000 gallons of fuel oil last year. At current prices I think that the oil would be close to $5,000 . I paid $2300 for my Keystoker 90 and my coal dealer tells me that about $750 in coal will heat my house this year. Even if he's very optimistic, I'm going to save a lot!!! :D
Dans58
 
Stove/Furnace Make: Keystoker
Stove/Furnace Model: 90K DV

Re: Estimated yearly savings by using coal

PostBy: Devil505 On: Sun Jul 20, 2008 3:57 pm

Dans58 wrote:my coal dealer tells me that about $750 in coal will heat my house this year. Even if he's very optimistic, I'm going to save a lot!!! :D


Then imagine every winter after this one!! ( Stove paid for itself & being warmer for under $1,000.00/year, regardless of oil /Nat Gas prices!!) :up:
Devil505
 
Stove/Furnace Make: Harman
Stove/Furnace Model: TLC-2000

Re: Estimated yearly savings by using coal

PostBy: BIG BEAM On: Thu Aug 07, 2008 8:26 pm

Dans58 wrote:This will be my first year with coal , but I know that I used almost 1000 gallons of fuel oil last year. At current prices I think that the oil would be close to $5,000 . I paid $2300 for my Keystoker 90 and my coal dealer tells me that about $750 in coal will heat my house this year. Even if he's very optimistic, I'm going to save a lot!!! :D


I think your dealer is being optimitic.I live in Earlville NY and used to buy about 1400 gals of fuel oil.With my coal hot air furnace I use between 7 and 8 tons of good coal.That seems to be a good rule of thumb,about 1 ton for 200 gals. of oil.BUT you will be keeping it warmer in the house.It seems that when you cut your fuel bills in half you tend to say what the h#ll I like 72F better than 67F

:D DON
BIG BEAM
 
Stove/Furnace Make: USS Hot blast
Stove/Furnace Model: 1557M

Re: Estimated yearly savings by using coal

PostBy: PelletstoCoal On: Fri Aug 08, 2008 9:52 pm

burned pellets for almost 10 years, i used to get them for 135.00 or so a ton and then they just keep going up. last year paid 230.00 a ton.
at a cost of 140.00-170.00 at ton pellets made sense and saved me money vs. nat. gas. at around $180-200 ton no real savings when compared to nat. gas as per my heating requirements. so living in coal country, and improved technology, i switched to coal
sold two whitfield stoves, used the 1400.00 from stoves to buy a dvc-500, now 1800.00 in the red
I would burn 1.3 tons pellets per month, cost 299.00, now i burn approx. 1/2 - 5/8 ton rice per month (feb,mar07), cost 75.00-85.00, now factoring in the use of a hot water coil, the low temp. requiremnet for my radiant floor heat and i may not use much gas at all. That being said i think the stove will pay for itself within 1-1/2 seasons.
PelletstoCoal
 
Stove/Furnace Make: Harman DVC-500

Re: Estimated yearly savings by using coal

PostBy: e.alleg On: Sun Aug 17, 2008 3:13 pm

BIG BEAM wrote:
I think your dealer is being optimitic.I live in Earlville NY and used to buy about 1400 gals of fuel oil.With my coal hot air furnace I use between 7 and 8 tons of good coal.That seems to be a good rule of thumb,about 1 ton for 200 gals. of oil.BUT you will be keeping it warmer in the house.It seems that when you cut your fuel bills in half you tend to say what the h#ll I like 72F better than 67F

:D DON


I was off on my calculations too. I kept the house at 58-60* when using propane, with coal I keep it around 70 and still save half the money.
e.alleg
 
Stove/Furnace Make: EFM
Stove/Furnace Model: 520