What does pellet Fuel cost?
The current cost of pellet fuel ranges anywhere from $120-200 per ton and averages $150, but of course this will vary by availablility, region and of course season, as do other heating fuels.
One good advantage with Pellet fuel is they can be stored aeasily as they come in bags, so many consumers will buy in the chea summer season rather than wait to the expense winter season.
The selling price, of course, is only a part of the overall cost. The primary issue is the cost of energy, which is measured in dollars per million British thermal units ($/MM Btu). Pellets purchased at the average $150 per ton and burned in a typical pellet stove cost about $11.50 per million Btu, a figure that is less than the cost of electric heat and competitive with average energy costs of some other fuels.
While tables and charts assume average appliance efficiencies and fuel costs, real world experiences vary widely. The actual cost of heating a home must take into account other factors like your homes insulation and tightness of the home, its size and layout, the level of comfort desired, and local climate.
Other economic factors impacting energy costs, though hard to quantify, are also worth consideration. Biomass pellets reduce the use of dwindling fossil fuels, often imported from foreign countries. Every ton of waste material used in pellets fuel reduces the rising costs associated with waste disposal.
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