Heating with wood pellets cheaper than oil, propane, but not natural gas

In a sign of continuing inroads made by wood pellets in the state, their price is now being tracked by the New Hampshire Office of Energy and Planning, alongside traditional heating fuel sources such as oil, natural gas and propane.

The information about average statewide costs for bulk-delivered fuels is derived from a survey of five companies providing bulk pellet delivery service in New Hampshire. It shows that wood pellets are far cheaper than heating by heating oil or propane, although more expensive than natural gas.

This week, 1 million BTU’s of heat cost: natural gas ($13.50), cord wood ($17.50), wood pellets ($18.03), No. 2 heating oil ($34.97), kerosene ($39.56), electricity ($41.50) and propane ($46.86).

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