Considering a Wood Pellet Stove? Do Your Homework First
December/January 2006
John Gulland
 |
STEVE MAXWELL
|
We live in an era of roller coaster fuel prices, and nothing on the
horizon suggests stability. Before putting your money down on a new
alternative fuel heating appliance, such as a wood pellet stove, do
your research and determine whether or not the fuel you'll need
will be available at a price you can afford.
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The reputation of wood pellets, those little morsels of compressed
fiber widely touted as an economical and environmentally friendly
home heating fuel, took a big hit last year and has yet to
recover.
In the fall of 2005, with oil and gas prices at historical highs,
the pellet industry was not prepared for the unprecedented demand
for its products. Dealers begged stove manufacturers as backorder
lists grew longer. Many buyers waited more than six months for a
stove while others cancelled their orders.
At the same time, pellet stove owners in some regions couldn't find
any pellets. Fuel shortage is the nightmare scenario that could
hamper this renewable fuel's steady climb to respectability.
This year, oil and gas prices have eased back. Gas fireplaces are
popular again and pellet stoves are languishing in warehouses
instead of flying out of showrooms. Fuel supplies are more
reliable, but the new complaint is price. Pellet prices in some
regions have doubled in just two years.
Hearth and Home magazine, the industry's main news outlet,
fretted in a November 2006 editorial that 'The consumer now has two
negative impressions of the pellet industry fuel shortages and high
prices stamped firmly in his/her mind.'
Meanwhile, turbulence in most other fuel industries has fed the
demand for a more secure, local fuel, and another alternative fuel
has taken a big market share. Kernel corn-burning stoves have been
around for almost 20 years, but in relatively small numbers. One
industry insider predicted that U.S. sales in 2006 would exceed
200,000, which is more than sales of wood pellet stoves just a few
years ago. Corn fuel has become so popular that many manufacturers
have adapted their stoves to burn both wood pellets and corn.