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Home / 2021 / October

Another Tough Winter Ahead: It’s a Good Time to Have a Pellet Stove

October 29th, 2021 About Wood Pellets, Weather, WoodPellets.com

Woodpellets.com

In addition to the National Oceanic and Atmospheric Administrationā€™s forecast of an unusually cold winter, the cost of natural gas and heating oil is skyrocketing.

Folks in the Northeast lucky enough to own pellet stoves will likely be depending on them for heat more than ever this winter.

According to this NH Bulletin report, “The higher cost of energy is linked to inflation and other factors that extend far beyond state borders. Because American gas producers can fetch a higher price for gas abroad, thatā€™s increasingly where they are sending it, according to Sam Evans-Brown, executive director of Clean Energy New Hampshire, a nonprofit that advocates for clean energy.

‘The cautionary tale here is really that we are over-reliant on a fuel that we thought was going to be at $2 per million BTU forever. And really, the story is that was an artificially low price. Now the mistaken belief that that was the norm is coming home to roost,’ Evans-Brown said.

Evans-Brown is talking about natural gas, used by just over 20 percent of New Hampshire households for heat. Those households could see a 30 percent hike in heating costs compared to last year, according to the U.S. Energy Information Administration.

For the two out five homes in New Hampshire that heat with fuel oil ā€“ the most common type of heating system in the state ā€“ spending is predicted to increase by 43 percent.

‘Thereā€™s nowhere else in the United States that is as reliant on heating oil as New England is. It means that these price swings are just genuinely unaffordable,’ Evans-Brown said.

But neither natural gas nor fuel oil are predicted to see the biggest price jump. The 17 percent of New Hampshire households heating with propane are expected to see a 54 percent increase.”

Read More >> The Dismal Heating Season Ahead: Lower Temperatures and Higher Prices

 

Are you ready for this winter? If you haven’t secured your wood pellet fuel yet, the time is now. Home delivery of premium wood pellets to your driveway is FREE!

Shop online or call 1-800-735-5387 to speak to an expert!

 

 

The Economics of Wood Pellet Heating Fuel: Understanding the Key Factors

October 20th, 2021 About Wood Pellets, Wood Pellet Heating

Wood pellet heating has gained popularity as an efficient and eco-friendly alternative to traditional heating fuels such as oil or gas. However, the cost of wood pellets is not immune to fluctuations, just like any other commodity. Several factors contribute to the cost of wood pellet heating fuel, including supply and demand, transportation costs, and production expenses.

One of the key drivers of wood pellet heating fuel prices is the cost of raw materials. The majority of wood pellets are made from sawdust and other wood waste materials. As a result, the price of wood pellets is closely tied to the cost of lumber and other wood products. If the cost of raw materials increases, the cost of producing wood pellets will also increase, which could drive up the price of heating fuel made from these pellets.

Another factor that affects the cost of wood pellet heating fuel is transportation costs. Factors like increases in fuel prices, trucking shortages and DOT regulation changes can make transportation more expensive, which may cause the price of wood pellet heating fuel to rise.

Supply and demand also play a crucial role in the cost of wood pellet heating fuel. The demand for wood pellets has been on the rise due to the increasing popularity of pellet stoves and boilers. However, the supply of wood pellets can be affected by various factors such as weather conditions, production capacity, and distribution channels. If the supply of wood pellets cannot keep up with the demand, the price of the fuel may increase.

Lastly, global factors like crude oil prices can also affect the cost of wood pellet heating fuel. Although wood pellets are not made from crude oil, changes in oil prices can influence the cost of other fuels and cause people to switch to wood pellet heating fuel. This increased demand can result in higher prices for wood pellets.

While these factors can contribute to price fluctuations, wood pellet heating remains an eco-friendly and efficient alternative to traditional heating fuels. It’s essential for consumers to stay informed about market conditions and be mindful of their consumption habits to keep the cost of heating their homes with wood pellets under control.

Ready to speak to an expert about your home heating? Call 1-800-PELLETS or get a free quote online.

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