Pellet Stove Installation Cost, Options, Pros & Cons (2024 Guide)

Typical Cost To Install New Heating System Average: $5,360 - $7,430
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In recent years, pellet stoves have gained popularity as a reliable and efficient way to heat your house, when you don’t want to use gas, oil or wood for heating.

Offering a sustainable way to heat your home, a pellet stove is known for its low emissions and high energy efficiency.

Lets delve into the details of pellet stove installation, material and labor costs, installation procedures, the pros and cons of pellet stoves, where to purchase them, as well as top brands.

Average Cost of Pellet Stove Installation

The total average cost to install a pellet stove can vary significantly based on factors such as the type of stove, its features, your location, and whether you need additional components like venting or electrical work.

Most homeowners report spending $6,500 – 8,750 for a complete pellet stove install.

However, to provide a rough estimate, let’s break down the costs:

Pellet Stove: The cost of the pellet stove itself can range from $1,000 to $3,500 or more. Let’s take an average of around $2,500.

Chimney and Venting: The cost of venting components, including pipes and connectors, can range from $300 to $800, depending on the complexity of the installation. Let’s take an average of $500.

Hearth Pad: A non-combustible hearth pad can cost between $100 and $300. Let’s take an average of $200.

Electric and Thermostat: Wiring and electrical work can add around $100 to $300. Let’s take an average of $200.

Installation Accessories: Various fittings, brackets, and sealing materials can cost around $50 to $100. Let’s take an average of $75.

Installation Labor: Professional installation costs can range from $500 to $1,500. Let’s take an average of $1,000.

Chimney Installation: If you need to install a chimney, the cost can range from $1,000 to $3,000 or more. Let’s take an average of $2,000.

Electrician: Hiring an electrician for proper electrical connections can cost around $100 to $300. Let’s take an average of $200.

Adding up these costs:

Pellet Stove: $2,500
Venting: $500
Hearth Pad: $200
Electric and Thermostat: $200
Installation Accessories: $75
Installation Labor: $1,000
Chimney Installation: $2,000 (if applicable)
Electrician: $200
Total Average Cost (without chimney): $6,675
 
Total Average Cost (with chimney): $8,675

Cost Of Insulated Chimney For A Pellet Stove Install

Installing an insulated chimney for a pellet stove involves additional costs compared to a standard chimney.

Insulated chimneys are designed to prevent excessive heat loss and ensure efficient venting.

Keep in mind that local building codes and regulations might affect the type of chimney you can install and its clearance requirements.

The cost can vary based on factors such as chimney height, materials used, labor rates in your area, and any additional components required.

Option 1: Stainless Steel Insulated Chimney

Stainless steel insulated chimneys are a common choice for pellet stoves due to their durability and heat resistance. The cost will depend on the height of the chimney and the diameter of the flue.

Estimated Costs:

Chimney Pipe Sections: Stainless steel insulated chimney pipe sections can cost around $100 to $200 per section, depending on diameter and length.

Insulated Tee: If you need to connect the chimney to the stove, an insulated tee can cost around $150 to $300.

Cap and Flashing: A chimney cap and flashing kit can cost around $50 to $100.

Labor Costs:

Labor costs for installing a stainless steel insulated chimney can vary based on location and complexity. On average, you can expect to pay between $500 and $1,000 for labor.

Total Estimated Cost (Stainless Steel Insulated Chimney):

Assuming you need two chimney pipe sections, an insulated tee, cap, and flashing, plus labor:

Material Costs: $200 (pipe) + $200 (tee) + $75 (cap and flashing) = $475
Labor Costs: $750 (average labor cost)
Total: $1,225

Option 2: Double-Wall Insulated Chimney

Double-wall insulated chimneys are another option. They consist of an inner stainless steel liner and an outer layer that’s insulated to prevent heat transfer.

Estimated Costs:

Chimney Kit: Double-wall insulated chimney kits are available, and their cost can range from $800 to $1,500, depending on the height and diameter of the chimney.

Cap and Flashing: Similar to the stainless steel option, a chimney cap and flashing kit can cost around $50 to $100.

Labor Costs:

Labor costs for installing a double-wall insulated chimney are comparable to stainless steel options, ranging from $500 to $1,000 on average.

Total Estimated Cost (Double-Wall Insulated Chimney):

Assuming you choose a mid-range chimney kit and include cap and flashing, plus labor:

Material Costs: $1,150 (chimney kit) + $75 (cap and flashing) = $1,225
Labor Costs: $750 (average labor cost)
Total: $1,975

Option 3: Masonry Insulated Chimney

If you prefer a masonry chimney, you can opt for an insulated chimney liner made of materials like clay or ceramic. This option can provide a more traditional appearance.

Estimated Costs:

Insulated Liner: The cost of an insulated masonry chimney liner can vary widely based on materials and size. A rough estimate might be around $1,000 to $2,500 or more.

Labor Costs:

Labor costs for installing a masonry insulated chimney liner can vary significantly based on the complexity of the installation and local rates. It could range from $1,000 to $3,000 or more.

Total Estimated Cost (Masonry Insulated Chimney):

Assuming a mid-range insulated liner cost and average labor cost:

Material Costs: $1,750 (estimated average)
Labor Costs: $2,000 (average labor cost)
Total: $3,750

Cost To Install Insulated Walls And Floors Around A Pellet Stove

Installing insulated walls and floors around a pellet stove is essential to ensure safety and prevent heat transfer to combustible materials.

When insulating walls and floors around a pellet stove, it’s important to use non-combustible materials that can withstand high temperatures.

Moreover, ensure that the insulation materials you choose meet local building codes and regulations for fire safety.

Cost of Insulating Walls:

Insulating the walls around a pellet stove involves adding non-combustible insulation materials to create a heat barrier.

Common insulation materials include ceramic fiber boards, cement boards, and fire-resistant insulation.

Estimated Costs:

Insulation Materials: The cost of insulation materials can vary based on the type and thickness you choose. For a small area around a pellet stove, you might spend between $100 and $300 on insulation boards.

Labor Costs:

Labor costs for installing insulation around walls can depend on the complexity of the installation. On average, you might pay between $200 and $500 for labor.

Total Estimated Cost (Insulating Walls):

Assuming you choose mid-range insulation materials and average labor costs:

Material Costs: $200 (insulation materials)
Labor Costs: $350 (average labor cost)
Total: $550

Cost of Insulating Floors

Insulating the floor beneath a pellet stove is crucial to prevent heat transfer to the floor and subfloor. Insulation can be placed under the stove and extended around it to create a protective barrier.

Estimated Costs:

Insulation Materials: The cost of insulation materials for the floor can vary based on the type and thickness. For a small area, you might spend between $50 and $150 on insulation.

Labor Costs:

Labor costs for installing insulation under the floor can vary based on the type of flooring and the complexity of the installation. On average, you might pay between $150 and $300 for labor.

Total Estimated Cost (Insulating Floors):

Assuming you choose mid-range insulation materials and average labor costs:

Material Costs: $100 (insulation materials)
Labor Costs: $225 (average labor cost)
Total: $325

Pros and Cons of A Pellet Stove

Understanding the advantages and disadvantages of installing a pellet stove can help you make an informed decision:

Pros:

Efficiency: Pellet stoves are highly efficient, with efficiency ratings often exceeding 80%. They produce more heat using fewer pellets compared to traditional wood stoves.

Cleaner Burning: Pellets have lower moisture content, resulting in cleaner combustion and fewer emissions. They are considered a more environmentally friendly heating option.

Automated Operation: Many pellet stoves feature automated ignition, temperature control, and pellet feeding, making them convenient to use.

Uniform Heat: Pellet stoves distribute heat more evenly throughout the room due to their forced air systems.

Fuel Availability: Pellets are widely available, and their cost is relatively stable compared to fluctuating oil and gas prices.

Cons:

Initial Cost: The upfront cost of purchasing and installing a pellet stove can be higher compared to traditional wood stoves.

Electricity Dependency: Pellet stoves require electricity to operate, so power outages can affect their functionality.

Maintenance: Regular cleaning and maintenance of the stove, including ash removal and component checks, are necessary to ensure efficient operation.

Noise: Pellet stoves with fans can produce some noise during operation.

Limited Aesthetics: The design of pellet stoves might not appeal to everyone, as they may have a more modern appearance.

Where Can I Buy A Pellet Stove?

Pellet stoves are available through a number of different retailers, including:

Specialty Fireplace Stores: These stores often have a wide selection of pellet stoves and knowledgeable staff to assist you.

Home Improvement Chains: Large chains like Home Depot and Lowe’s carry pellet stoves, providing options for in-store purchase or online ordering.

Online: Websites like Amazon and dedicated fireplace supply websites offer a range of pellet stove options.

Local Dealers and Installers: Connecting with local dealers or installers can provide you with personalized guidance and installation services.

How Much Does It Cost To Heat A House With A Pellet Stove?

The cost of heating a house with a pellet stove can vary widely based on several factors, including the size of the house, climate, insulation, pellet prices, stove efficiency, and individual heating preferences.

Pellet stoves are known for their efficiency, but the overall cost will depend on your specific circumstances.

Keep in mind that while a pellet stove can be an effective heating solution for many homes, it might not be sufficient as the sole heating source for larger houses or in extremely cold climates.

Here’s how to estimate the cost:

Pellet Consumption: Pellet stoves are typically measured by their heat output in British Thermal Units (BTUs) per hour. Check your stove’s specifications to determine its BTU rating.

Pellet Efficiency: Pellet stoves can range in efficiency from around 70% to 90% or higher. Higher efficiency means more heat is produced from the same amount of pellets.

Pellet Prices: Pellet prices can vary by region and availability. On average, pellet prices can range from $200 to $300 per ton. A ton of pellets contains approximately 2.5 million BTUs.

Is A Pellet Stove Worth It?

Pellet Stove Installation Cost

(Image: https://www.directstoves.com/)

Pellet stoves offer an efficient and eco-friendly way to heat your home, though the initial costs and maintenance requirements should be considered.

High quality professional installation is essential to guarantee safety and functionality.

If you live in a mild climate, where it does not get too cold during the winter months, installing a pellet stove may be the perfect heating alternative.


About Leo Bender

Leo has been a contractor since 2003, specializing in: roofing, siding, general contracting (GC) and residential remodeling. Leo is also a Certified HVAC, Oil & Gas Heating Technician/Installer. In addition to roofing and remodeling, Leo is passionate about Solar, green building and energy conservation, so a lot of my time and energy goes to installing energy efficient heating and cooling systems.


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