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Add a Wood Stove for Energy Efficiency
Although wood stoves might conjure up images of a smoke-belching potbelly in a backwoods cabin, today's models are efficient heaters that meet U.S. Environmental Protection Agency emission guidelines and reduce heating bills by nearly half when energy prices are high.
Unlike fireplaces, wood stoves can heat a whole room or possibly even your whole house, depending on its layout. And their prefabricated chimney pipes let you install them practically anywhere—even in front of an existing hearth.
But even if you invest in multiple wood stoves to heat your entire house, you're wise to keep your furnace winter ready. There's no 24-hour service for wood stoves, and you don't want to chance a bad cold snap that'll freeze your pipes.
What Do They Cost?A good wood stove from a reputable company averages about $3,000-$4,200, including the stovepipe and installation, according to the Hearth, Patio, & Barbecue Association. However, you could spend as little as $1,000 for a small unit from a big-box store, or as much as $10,000 for a stainless steel cylindrical showpiece from Jotul. The federal government's biomass tax credit of up to $300 helps cut some of that upfront cost.
You might also recoup some of the cost if you were to sell your home. In his ... more

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