Outdoor Wood Furnace Info

All-Purpose OWF Discussions => General Outdoor Furnace Discussion => Topic started by: coolidge on September 03, 2014, 06:38:51 PM

Title: Payback
Post by: coolidge on September 03, 2014, 06:38:51 PM
Has anyone figured how long it took you for your boiler purchase to pay itself off? I figured mine at two years.
Title: Re: Payback
Post by: AirForcePOL on September 03, 2014, 06:43:57 PM
I bought my first stove used and had $1500 in the entire system.  It paid for itself about 2 times the first year.

I'm guessing it will take me 5 years for my new stove to pay for itself.  If I figured in heating my 1600 sq ft garage it would be even faster but I didn't ever heat it all the time with propane. 
Title: Re: Payback
Post by: dirtdigger on September 04, 2014, 05:00:33 AM
I bought a whole new system and boiler when I did mine, just out of sheer luck, I was heating with lp gas at the time in a rented house, had nothing contracted for price on lp gas and gas price shot up to over four bucks a gallon, we did the math and I paid for mine in five months the very first winter, I had originally figured it to take me five years.   
Title: Re: Payback
Post by: slimjim on September 04, 2014, 05:20:54 AM
Mine took 2 1/2 years, show me another alternative energy that has 95% of it's buyers that will tell you it payed for itself in less than 5 years, Imagine Solar thermal, wind , pellets whatever having that sort of record and then look at how our big brother supports those industries with our stolen money all the while over regulating our industry.  OK calm down Slim Jim, it's to early in the morning for a stroke!
Title: Re: Payback
Post by: Jwood on September 04, 2014, 01:49:53 PM
You are correct though slim!
Title: Re: Payback
Post by: dirtdigger on September 04, 2014, 05:07:30 PM
Wood requires requires a few words nobody in public office wants to utter, its called "physical work".   

Imagine what life would be like if anyone requiring heating assistance would get a free wood furnace instead of dollars for heating assistance?

Anything requiring any form of physical labor is going to be considerably cheaper than other forms of alternative energy that only requires a person to write out a check and no physical labor is really ever involved, thus if you really understand how they system works, its no surprise they reward those who don't have to work, and tax and penalize those that do work, how would welfare ever survive if it were the other way around?    Just an observation.

   
Title: Re: Payback
Post by: Homerglide on September 04, 2014, 05:48:38 PM
My setup will break even in 4 years. That includes $1700 in oak logs purchased. From here out I will harvest from a 12 acre lot while clearing a cottage site. Love the thought of free fuel and any house temp desired. Just say no to propane!
Title: Re: Payback
Post by: Roger2561 on September 05, 2014, 04:05:52 AM
When I bought mine, i figured it would take about 2 to 3 years for a turn around in investment.  I'm approaching my 4th heating season.  Roger
Title: Re: Payback
Post by: ijon on September 05, 2014, 05:07:38 AM
Put all the members of congress out cutting wood. Then they might know the feeling good hard work and contentment . Something most of them have never felt.
Title: Re: Payback
Post by: coolidge on September 05, 2014, 06:07:26 PM
We couldn't get congress out in the woods cutting, they couldn't agree how it should be done, plus there busy spending OUR money.
Title: Re: Payback
Post by: jrider on September 05, 2014, 07:53:31 PM
3 years
Title: Re: Payback
Post by: 1ELVIS on September 10, 2014, 09:54:09 AM
My payback will happen when the house is warm enough for my wife to walk around in her underwear or even better I'll make it warm enough for her to take those off too.  ^-^
Title: Re: Payback
Post by: mlappin on September 10, 2014, 10:46:43 AM
My payback will happen when the house is warm enough for my wife to walk around in her underwear or even better I'll make it warm enough for her to take those off too.  ^-^

 :post: :post: :post: :post:
Title: Re: Payback
Post by: slimjim on September 10, 2014, 11:26:41 AM
Pictures ;D
Title: Re: Payback
Post by: CountryBoyJohn on September 10, 2014, 12:37:52 PM
For me, it depends on how you calculate the savings.  My first winter in my house I was at 67 during the day and 63 at night.  Frozen.  My first winter with my stove, I was 74 during the day and 71 at night.  If you take into account running my furnace at 74 degrees before my stove and use that as a basis of savings, I saved $3,000 my first winter.  If you compare dollar for dollar, it was more like $2,000.  Additionally, the winter before I got my stove was very mild.  Last winter was nuts.  So, I'm looking at anywhere from $2,000-$3500 in savings per year.  That puts me at a 4-6 year payoff for my $12,000 system. 
Title: Re: Payback
Post by: mlappin on September 11, 2014, 06:57:47 AM
Wife gets bronchitis real easy in the winter and the wood furnace in the basement would dry the air in the house out something horrible. Was paying a minimum of $300 a month for nat gas.

By the next winter had my system installed, built the boiler myself, had $2000 in everything. I pay more now in the summer for nat gas than I do in the winter.
Title: Re: Payback
Post by: ffbare on September 15, 2014, 04:42:03 PM
I just bought my stove, so far I have just under 4500 bucks into it, I'm working on the install myself I hope to have well under another grand invested into my setup. If I keep the total package under 6 grand I don't care if it takes 2 years or 20 years to make my money back I just the idea of making my own heat!
Title: Re: Payback
Post by: tree climber on September 15, 2014, 06:00:08 PM
if you own a shaver you dont it just sets you back till ya get a real stove
Title: Re: Payback
Post by: ffbare on September 15, 2014, 06:50:37 PM
Ridgewood 6000
Title: Re: Payback
Post by: Steinacher Sales on September 15, 2014, 10:14:57 PM
tree climber,

You would of had a furnace if you would of used the treatment like you were supposed to. Mistake number 1! No use crying over it now. Its all your own fault!

You never did say who your Dealer was so I'm guessing you didn't use a dealer, mistake number 2!

My customers do not have this problem because they used the correct treatment like their Dealer told them to and like the manual says! Read your manual, 3 strikes and your out!  :thumbup:

Greg Steinacher
618-401-0726
www.midwestoutdoorfurnace.com (http://www.midwestoutdoorfurnace.com)
Title: Re: Payback
Post by: tree climber on September 16, 2014, 07:04:52 PM
used treatment had dealer just sorry service poor product and ray sucks at returning calls