Considering a Wood Pellet Stove? Do Your Homework First
(Page 2 of 2)
December/January 2006
By John Gulland
Meanwhile, turbulence in most other fuel industries has fed the demand for a more secure, local fuel, and another alternative fuel has taken a big market share. Kernel corn-burning stoves have been around for almost 20 years, but in relatively small numbers. One industry insider predicted that U.S. sales in 2006 would exceed 200,000, which is more than sales of wood pellet stoves just a few years ago. Corn fuel has become so popular that many manufacturers have adapted their stoves to burn both wood pellets and corn.
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Homeowners searching for a reliable way to reduce heating costs can take a few lessons from these recent ups and downs in both conventional and alternative heating fuels.
- The first is that prices of oil and gas are likely to remain volatile because of dwindling domestic supplies and instability in many oil producing countries. That volatility is likely to ripple throughout renewable energy fuels, as well.
- The second is that for pellet fuel, the most secure supply is likely to be local, so it’s worth investigating where the nearest pellet plant is and how committed the manufacturer is to the production of pellets.
- The third lesson is that the price of fuel corn is likely to be unpredictable, too, because of challenges to federal corn subsidy programs and the increasing demand for ethanol transportation fuel, most of which uses corn as the feedstock.
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