How Much Do Outdoor Wood Furnaces Cost

How Much Do Outdoor Wood Furnaces Cost?

Outdoor wood furnaces have become increasingly popular due to their efficiency and cost-effectiveness in heating homes. Unlike traditional indoor furnaces, outdoor wood furnaces are installed outdoors, saving valuable space inside the house. They also burn wood, which is a renewable and affordable fuel source.

Factors Affecting Cost

The cost of an outdoor wood furnace can vary depending on several factors, including:

Size: Larger furnaces with higher heating capacities will generally cost more.
Type: There are two main types of outdoor wood furnaces: forced air and gravity feed. Forced air furnaces use a fan to circulate warm air, while gravity feed furnaces rely on natural convection to distribute heat.
Features: Some furnaces include additional features such as automatic ignition, variable speed fans, and electronic controls, which can increase the cost.
Installation: The cost of installation will depend on the complexity of the job, including the distance between the furnace and the house, the need for trenching, and any electrical or plumbing work required.
Location: The cost of materials and labor can vary depending on the region where you live.

Average Cost

According to HomeAdvisor, the average cost of an outdoor wood furnace ranges from $3,000 to $10,000, including installation. However, this range can vary significantly depending on the factors mentioned above.

Fuel Costs

In addition to the initial cost of the furnace, you will also need to factor in the cost of fuel. Wood is generally the most cost-effective fuel for outdoor wood furnaces. The cost of wood will vary depending on the type of wood, the quantity you need, and your location.

Rebates and Tax Credits

Some states and municipalities offer rebates or tax credits for the installation of outdoor wood furnaces that meet certain efficiency standards. Check with your local government to see if you are eligible for any incentives.

Return on Investment

The potential return on investment for an outdoor wood furnace can be significant, especially if you are currently using a more expensive heating source. Outdoor wood furnaces can save you up to 50% on heating costs compared to propane or electricity. The payback period will vary depending on the cost of fuel in your area, the size and efficiency of your furnace, and how often you use it.

Conclusion

Outdoor wood furnaces can be a cost-effective and efficient way to heat your home. By considering the factors discussed above and getting quotes from multiple contractors, you can make an informed decision about the right furnace for your needs and budget.