Get matched with top fireplace pros in Rolla, ND

This will depend on the size of the pellet stove and how much of the house you’re heating, i.e. just one room or the entire house. Many pellet stoves use anywhere from 80 to 345 watts of electricity per hour. In terms of the pellets, a 40-pound bag can cost $5 to $9. A bag of pellets will burn for about 24 hours.

A chimney cap costs about $300 on average to install, with prices ranging from $75 to $1,000. The final cost depends on several factors, including the professional you hire, the accessibility of your chimney, the cap's material and size, whether any repairs are needed, and if it requires custom fabrication. Chimney caps are usually made from galvanized steel, stainless steel, or copper. Copper caps are the most expensive, followed by stainless steel and then galvanized steel. Excluding labor, average material costs are around $100 for galvanized steel, $250 for stainless steel, and $600 for copper. You may also face additional costs, such as hiring a chimney sweep to clean the chimney before the cap is installed.

Running a gas fireplace is potentially cheaper than using central heating if you are heating a single room and don’t need to heat the entire house. That's because gas fireplaces are a better source of direct heat, making them more efficient for warming small spaces. Central heating, while more efficient for whole-home warmth, uses more energy overall. Strategically using a gas fireplace, therefore, can help lower heating bills.

Modern wood-burning stoves are very effective, reaching around 80% efficiency. That’s because models built after 1988 are designed to meet standards set by the U.S. Environmental Protection Agency to operate more efficiently and produce less air pollution. If you have an older wood stove, it may not be as efficient.