The commonly asked question of “how much can I save with a pellet stove” is a great question and one that we’re happy to answer. How much you can expect to save will vary, but when you switch to a MagnuM flex-fuel appliance you have quite a few things in your favor right off the bat!
Efficient Design Saves Money
First, our appliances are designed to be extremely efficient both in terms of electricity use to run the appliance and in the technology employed to turn renewable fuel into heat for your home.
Investment Saves Money
If you had two to three thousand dollars to invest, and put it in a savings account, you’d be lucky to earn more than one percent on your money. However, if you invested the same amount in a pellet stove, you can count on forty to sixty percent return on your money every year! Money saved is money earned!
I saved all my costs the first year and the stove has more than paid for itself in saving me on heating my home! I love it so much I just today purchased another MagnuM Countryside to heat my shop! ~Bob Gattermeir
Fuel Choice Saves Money
A flex-fuel appliance allows you to calculate and buy the least expensive renewable fuel available to you. In most cases, pellet stove owners experience saving 60% or more on their heating expenses each year. Having an alternative heating appliance in your home allows you to avoid exorbitant prices should there be shortages of more traditional fuels, such as propane.
Warmer Heat for the Same Money
MagnuM flex-fuel stoves can burn corn, which burns hotter than most other renewable fuels. In addition, pellet stoves give off radiant heat to make your home toasty warm. This isn’t something a traditional furnace can do, even if you throw more money at it.
If you need to hear directly from other homeowners on their decision to make the switch and what they’ve saved, we’ve published many of their stories here.