Wood burning fireplace inserts are an efficient and cost-effective way to heat your home. If you’re considering installing one, you might be wondering about the costs involved. In this article, we’ll provide a clear and concise breakdown of the expenses associated with wood burning fireplace inserts.
- Initial Purchase Price
The primary cost associated with wood burning fireplace inserts is the initial purchase price. The price can vary significantly depending on several factors:
1.1. Type and Brand: Different brands and types of wood burning inserts offer various features and quality levels. Basic models can start at around $1,000, while high-end or premium options can cost $3,000 or more.
1.2. Size and Heat Output: The size of the insert and its heat output capacity can impact the cost. Larger inserts with higher heat output capabilities tend to be more expensive.
1.3. Material and Design: The materials used, such as cast iron or steel, and the design aesthetics can influence the cost. Ornate or decorative inserts may be priced higher than simple, functional models.
1.4. EPA Certification: EPA-certified inserts, which meet stringent emission and efficiency standards, may be slightly more expensive but offer long-term cost savings in terms of fuel consumption.
- Installation Costs
The installation of a wood burning fireplace insert is a critical aspect to consider. While it’s possible to install an insert yourself if you have the necessary expertise, many homeowners choose to hire professionals for a safe and efficient installation. Installation costs can include:
2.1. Labor Costs: Hiring a certified technician or installer may cost between $500 and $1,500, depending on your location and the complexity of the installation.
2.2. Chimney Liner: In some cases, a new stainless steel chimney liner may be necessary for proper venting, which can add an additional $500 to $2,000 to the installation cost.
- Operational Expenses
Understanding the operational expenses is essential for long-term budgeting. Wood burning fireplace inserts offer cost savings compared to traditional open fireplaces:
3.1. Fuel Costs: Wood is generally less expensive than other heating fuels. The cost will depend on your location and the availability of firewood. On average, a cord of wood (128 cubic feet) costs between $150 and $250.
3.2. Maintenance: Regular maintenance, including chimney cleaning and gasket replacement, should be budgeted. Plan to spend approximately $100 to $200 per year on maintenance.
- Additional Costs
In addition to the above costs, consider other expenses like accessories, such as fireplace tools, ash buckets, and safety equipment. These items can add anywhere from $50 to $200 to the overall cost.
Conclusion
The cost of wood burning fireplace inserts varies depending on several factors, including the type, size, brand, and installation requirements. While the initial purchase price is a significant consideration, remember that wood burning inserts offer long-term savings through lower fuel costs and increased heating efficiency.
Before making a decision, it’s advisable to obtain quotes from reputable dealers, consider installation costs, and calculate the long-term savings in fuel expenses. In the end, wood burning fireplace inserts provide not only an efficient heating solution but also a cost-effective one for your home.