A typical home may burn 3 tons of pellets for less than $750/year to meet 80-90% of their heating needs.
Wood pellets are economical and currently selling in a range that equates to about $2.00/gallon for fuel oil.
Pellet pricing has historically been much more stable than fuel oil, and has risen at a much lower rate.
Pellet Fuel Pricing
The plot below shows changes in fuel pricing since 1999, with pellet fuel costs
rising substantially slower than alternatives. Note: This graphic illustrates a percentage of change comparison, not a comparison of prices.
Sources: NH Office of Energy and Planning and The Pellet Fuel Institute
Updated 10/31/2007