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Email: mail@thestoveman.co.uk

Save Money On Your Fuel Bills!

Let The Stoveman show you how and why modern wood burners can save you lots of money.

Why will buring wood save me money?

Here's a list of some of the reasons why we and many others believe owning a wood burner can save you a small fortune in heating bills:

• Modern wood burners are energy efficient. They typically operate at 70-90% efficiency, meaning for each pound you spend on heating your home between 70 and 90p is converted into heat.
• Open fires are only around 20% efficient, the rest of the heat (80p per £!) escapes up the chimney. Switching from an open fire to a stove could save you lots of money on fuel bills.
• The best gas boilers produce similar efficiencies as modern wood burners, however the rising cost of energy means that your energy bill could be considerably higher.
• According to a 2008 report commissioned by Centrica (owners of British Gas), the average annual domestic gas bill could cost over £1,000 within the next few years.
• Wood can be sourced relatively cheaply and easily, saving you £££'s in the long run. We can help you source good firewood if needs be.
• It is possible to obtain grants from within the UK for certain types of biomass heating systems.
• You don't need to pay for a CORGI registered engineer when the fire goes out!

How much can I save?

That depends on a several factors such as how much you already spend on your fuel bills and what your initial outlay on a stove is. The bottom line is that you can get hold of wood for burning far more cheaply than you can buy gas, electricity or oil. The higher the price of these fuels, the more compelling the argument is for buying a wood burning stove and start saving money.

How long before it starts paying for itself?

Less time than you might think! Let's take an example from one of our real life customers:

Mr and Mrs M live on a farm, in 2002 their heating bill came to £1600 (it was an oil system). Since purchasing a wood burner their oil bill dropped to about £500 a year. The woodburner plus installation cost them £1000 and they pay £200 a year for wood fuel.

    2003
    -£1000 Stove + installation costs
    -£0200 wood fuel cost
    +£1100 saving on oil
    --------------------
    RUNNING TOTAL -£100
    --------------------
   'Hmm, we're £100 down this year, I hope things book up a bit.'
   
    2004
   (-£0100 carried over from 2003)
    -£0200 wood fuel cost
    +£1100 saving on oil
     --------------------
    RUNNING TOTAL +£800
    ---------------------
    'Impressive, we've recouped our costs already'
   
    2005
   (+£0800 carried over from 2004)
    -£0200 wood fuel cost
    +£1100 saving on oil
     --------------------
    RUNNING TOTAL +£1900
    ---------------------
    'Crickey, we've saved two grand in three years!'
   
    2006
   (+£1900 carried over from 2005)
    -£0200 wood fuel cost
    +£1100 saving on oil
     --------------------
    RUNNING TOTAL +£2800
    ---------------------
    'Why didn't we do this sooner£'
   
    2007
   (+£2800 carried over from 2006)
    -£0200 wood fuel cost
    +£1100 saving on oil
     --------------------
    RUNNING TOTAL +£3700
    ---------------------
    'Maybe we should get two!'
   
    2008
   (+£3700 carried over from 2007)
    -£0200 wood fuel cost
    +£1100 saving on oil
     --------------------
    RUNNING TOTAL +£4800
    ---------------------
    'Barbados here we come!'
   

As you can see, the stove took a little over a year to pay for itself and in just six years has saved our customer nearly £5000! This of course assumes that the price of wood and oil have stayed the same, we all know that oil prices have soared over the last few years, so the savings could well be significantly higher!

Guardian Family Finance writer makes savings

Here's an excerpt from a Guardian newspaper article written as recently as 31st Jan 2009:

If your home has a working fireplace, don't waste your time with an open fire - replace it with a wood-burning stove. More than a year ago, I spent £700 on buying and installing one in our modern home and it has been a huge success. We salvage waste wood from a skip outside a joinery and, combined with sawdust briquettes (£1 a bag), use it to largely heat our home.

We still use the gas central heating first thing in the morning, but once up we keep the stove going all day. The whole house slowly warms up it makes particular sense if one person is at home all day. It helps if you have an open-plan house, and wood floors rather than expensive carpets.

We have slashed our gas bill in half, and save around £350-£400 a year. The payback period is around two years.

It really is that simple folks, your new stove will save you money in no time at all!

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