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Pellet stoves are much more energy efficient than traditional fireplaces, and the pellets they burn create fewer emissions, leaving indoor and outdoor air cleaner. Plus, the biomass pellets are made from recycled materials, making them even more eco-friendly. You can also adjust the temperature of a pellet stove and go about most of your day without needing to tend to it.

Your state, city, or even homeowners insurance company may have requirements on how far the outdoor wood furnace should be from the house, so be sure to abide by those regulations. In general, you should install an outdoor wood furnace or boiler as few as 30 feet or as much as 500 feet from the house or any other building.

Running a gas fireplace costs approximately $0.35 per hour for natural gas and $0.62 per hour for propane, though these figures can vary significantly based on fuel prices in your area. On average, the annual cost to run a gas fireplace is between $400 and $640. The exact impact on your utility bill depends on several factors, including how often you use it, the size of the room you're heating, and the fireplace's BTU rating. Some models with a constantly running pilot light will consume a minimal amount of energy even when off, although many modern fireplaces do not require one. If you are looking for a more energy-efficient option, consider an electric fireplace.

The most common sign of a carbon monoxide leak is the visible black soot marks on the walls near your wood stove. An excess accumulation of smoke in other rooms of your home could also indicate that your wood burning stove is leaking carbon monoxide. If you notice either of these signs or are still unsure, it’s best to leave the premises and contact your fire department to check your home’s levels.