deucedown said:
Wet1 said:
deucedown said:
Given the price of oil I think the pellet stove is almost paid for itself. I purchased my with installation for 3200. It would have been a lot more have I not negotiated hard core.
You paid $3200 for your stove (less than a year ago), plus the price of pellets, and you think your stove has almost paid for itself given the price of oil?!?!?!? You do realize you could have also just bought the oil from someone else and saved the $3200? I don't think I'd consider spending $3200+ on the pellet stove as paying for itself in less than a year given the cost of oil this last season...
We locked in for the year at 4.69....do the math 4.69 x 1000 gallons. We will use a total of 225 gallons of oil for the year. If I broke the service contract it was 800 dollars. Before posting you should do the math.
I did do the math and it looks like you spent way more than you needed to. I'll reiterate the three obvious options:
A) Oil contract @ $4.69 x 1000 (BTW, it sounds like you're using more oil than you should be for a house of that size.)
= $4690 total for oil only with the company you signed the contract with.
B) (Oil contract @ $4.69 x 225)+(purchase pellet stove so you don't use as much oil $3200)+(cost of pellets, say 3 tons @ $300)... and I'll assume you ONLY used 3 tons, which is only the BTU equivalent to about 356 gal of oil, and nowhere near the equivalent of 775 gal of oil. + (the electricitry for the two electric heaters in the BRs $100(?))
= $5255+
C) Buy some oil from your oil supplier which you signed the contract with, ($4.69 x 225), and then buy remaining oil at market price as needed from someone else, + ($2.00 avg for season x 775).
= $2605
D) (Break contract $800) + (buy oil at the market price $2.00 (avg for season) x 1000)
= $2800
Doing option B is really no different than option C in regards to your original contract and there's no way the oil company would know the difference between you doing option B or C, but even if you wanted to be technical about paying an $800 fee for breaking the contract, option D is still far less than A or B. So please explain to me how your decision to do option "B" was a savings and how the "pellet stove is almost paid for itself."??? :-S