| Retail Fuel Costs ($/million BTU) |
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Retail Pricing
- Pellets have remained relatively stable as energy costs from other sources have risen
- Retail pricing (pickup or bagged product) provided substantial savings in 2005
- Savings vs. other fuels were 28 - 44%, which is often over $1,000 year for consumers
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| Wholesale Fuel Costs ($/million BTU) |
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Wholesale Pricing
- Bagged wholesale pellet costs have historically exceeded fuel costs of other commodities
- But if you exclude the direct costs of packaging (dashed line), pellets last year were a cheaper source sof fuel that propane, heating oil and even crude oil
- Where natural gas is available, it can still be a cheaper source of heat than pellets
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| Source: US Department of Energy, Energy Information Administration; Pellet Fuels Institute |
