TedNH said:
Lets say Propane stays at 2.00$ per gallon.
I could spend 3400$ on 1700 gallons to heat my house or a year/over the winter @ a temp average of 62*.
or
I can spend 1000$ on 4 tons of pellets to heat my house for a year/over the winter @ a temp average of 68*.
Only thing I see there is a 2400$ savings in the first year. If you dont count purchase of the stove.
You are not looking at the BTU comparison!
Also, if I bought a bunch of solar panels for electric and hot water, should I calculate the payback and NOT figure in the initial cost or maintaining them?
1700 gallons of LP = 170 million BTU's
4 tons of Pellets = 65 million BTU
Perhaps you have a terrible furnace, but the price comparison point is this - if you bought an LP freestanding stove and installed it upstairs - using your figures (65 million BTU), you would burn 650 gallons of LP in it.....for the EXACT same heat as the Pellet stove.
There are a lot more reasons than money to buy a pellet or wood stove. However, for the proper education of our readers I think it is important to compare BTU for BTU as opposed to "My friend heats his house to X with x".