My winter heating expense saving plan
The fact that you are an accountant scares me sometimes.
First you will not be using $500/mo for 6 months. more like
$300, 350, 420,500,460,350, 300 Oct-April=$2680 est
These monthly figures are a estimate on your bill Oct-Apr. and a 62% fuel increase.
Total est fuel costs for previous year $1652
So you are going to spend about an extra $1000 this year than last on fuel. You could save 15-20% by getting a programmable thermostat. DO THIS FIRST!
Now for the Stove:
Stove $1500-2000
Install $300
Fuel $400
Total for stove $2200-2700
Not Worth it.
How well is your house insulated? If I was going to drop coin to save on energy costs, I'd start there. I like insulation better because it add value to the home more relaibility and has both winter AND summer benefits.
OK.....I'm done with hack math.
First you will not be using $500/mo for 6 months. more like
$300, 350, 420,500,460,350, 300 Oct-April=$2680 est
These monthly figures are a estimate on your bill Oct-Apr. and a 62% fuel increase.
Total est fuel costs for previous year $1652
So you are going to spend about an extra $1000 this year than last on fuel. You could save 15-20% by getting a programmable thermostat. DO THIS FIRST!
Now for the Stove:
Stove $1500-2000
Install $300
Fuel $400
Total for stove $2200-2700
Not Worth it.
How well is your house insulated? If I was going to drop coin to save on energy costs, I'd start there. I like insulation better because it add value to the home more relaibility and has both winter AND summer benefits.
OK.....I'm done with hack math.
Bob once told me I can buy pieces of plastic covers(soft) and put them behind the plastic covers of electric outlets and switches throughout the house. I think it will be a good start.
Otherwise, my house has replacement windows everywhere....practically air tight.
Oh, how about between the floorboard?baseboard and the hardwood floor? The floor is so cold, and I suspect this little gap is leaking cold air in.
Otherwise, my house has replacement windows everywhere....practically air tight.
Oh, how about between the floorboard?baseboard and the hardwood floor? The floor is so cold, and I suspect this little gap is leaking cold air in.
Originally Posted by Cubs2k,Oct 24 2005, 03:05 PM
Now for the Stove:
Stove $1500-2000
Install $300
Fuel $400
Total for stove $2200-2700
Not Worth it.
Stove $1500-2000
Install $300
Fuel $400
Total for stove $2200-2700
Not Worth it.
Originally Posted by NNY S2k,Oct 24 2005, 03:38 PM
But remember you pay for the stove and install only once, so the savings in subsequent years will be greater.
With Stove:
$1139 Oil
$400 Pellets/wood
Total $1539
No Stove:
Oil Only $2278
Savings 739 year.
In this unlikely scenerio, it would take 3 years to payoff the stove and break even.
Knowing Thomas (who doesn't stay in a job for more than a few months) he'll sell the house before he breaks even.
If heating costs go lower (as evidenced by recend drops in fuel costs) say to like 2.00 a gallon...........
877 oil, 400 wood/pellets
$1277
$1754 oil only, heating season
$477 year savings.......nearly 5 years to recoup in this scenerio but investing the Stove cost and intallation into a stock fund or his 401k may keep his breakeven from ever happening.
Originally Posted by Bass,Oct 24 2005, 12:22 PM
dude -
DROP YOUR HEAT TO 54 WHEN YOUR NOT HOME and drop your heat to 68 when you're home
72 degress
what are you, vintage or something put on a sweater!!
DROP YOUR HEAT TO 54 WHEN YOUR NOT HOME and drop your heat to 68 when you're home
72 degress
what are you, vintage or something put on a sweater!!Thomas is brittle and delicate like a flower. Not big and burly .
I think we retain body heat better than Thomas
. Speaking of big and burly ,I need to start exercising . I have put on a few pound sense I started working for myself
All I can say is get some thick blankets and cuddle . I sure Steve can come by and keep you warm .
:sigh: you all just depressed me
I have been away from this cold weather for 10 years and Im sure Im gonna cry when I get my first couple of gas bills
Im praying my 2 cats and my boyfriend will keep me warm
I have been away from this cold weather for 10 years and Im sure Im gonna cry when I get my first couple of gas bills
Im praying my 2 cats and my boyfriend will keep me warm
Thread
Thread Starter
Forum
Replies
Last Post









