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Is a Wood Burner Worth it ?

Wood burning Stove

 

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Is Living with a Wood Burning stove Worth it – Money Wise

Summary of the average costs

Money burning log burner

Purchase of the Wood Burning or Multi Fuel Stove - £900

Installation including minimal flue work - £1000

Total 1off costs £1900

Running cost per year - £600


SO IF I’m saving £700 worth of Gas and the stove and flue lasts 19 years then I’ll have broken even.

If the price of Gas rises faster than the price of wood it will pay back even quicker.

Compare this with my real life situation.

Remember I mentioned we had a Condensing boiler. So our Heating is fairly efficient to start with. If your current heating is inefficient then the comparison figures will look better.

Here are the real life consumption figures before and after running the wood burner.

Before running a wood burner, our gas consumption

Total gas consumption 18456 kW per year @ 4.85 p/kW = £895

For Hot water and Cooking (est) 4000 kW per year @ 4.85 p/kW = £195

Therefore for Heating 14456 kW per year @ 4.85 p/kW = £701

Looking good, the break even of £700 is on the table, just. All I need to do is make sure the heating never comes on. That would mean getting up early in a cold house and lighting the fire. We’ve not reached that level of dedication yet (more about that later)

After running a wood burner, our gas consumption

Total gas consumption 12,297 kW per year @ 4.85 p/kW = £596

For Hot water and Cooking (est.) 4000 kW per year @ 4.85 p/kW = £195 (same as before)

For Heating 8297 kW per year @ 4.85 p/kW = £402

Therefore saving us on gas £299

 

Next - Wood Burner - Money Wise - Conclusions

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Living with a Wood Burner

Money Wise - Living with a Wood Burner

Choose the Right Stove – What Size

Choosing the Right Stove – What Features

Choosing the Right Stove – What Style

Choosing the Right Stove – What Price

Stove Installation Cost

Wood Burning Stove - Running Costs

Wood Burner - Money Wise - Summary

Wood Burner - Money Wise - Conclusions

Environment Wise - Living with a Wood Burner

Lifestyle Wise - Living with a Wood Burner

Conclusions. Is a Wood Burner Worth It?