I live in Maine and have been using it as the main heat source for two winters now. I am heating a little over 1,000 sq ft with the one I have. It cost about $2,500 but I am figuring I will break even this winter.
I buy a ton of pellets (you can get them at Home Depot, Lowes, Aubuchon, Blue Seal and a ton of places) for about $250-280/ton. The ton is comprised of 50 bags weighing 40 lbs each. My house was impossible to heat properly with just baseboard as I have a variation of A-frame which has a ton of glass and high ceilings. This stove is very efficient, kicks off a ton of heat and has been a life-saver these last two winters. Couldn't imagine living in this house without it!
Last year I bought 4 tons--paid $235/ton delivered. Stacked them 12 high along the exterior wall of the garage so I could still park in there, and I would bring in 5 bags at a whack. Except for the really cold months of Jan and Feb, I can heat my house pretty much all day with 1 bag. The bags work out to less than $5/each, so I am heating my house for $125-150/month. And that is if I want to walk around barefoot in a t-shirt. It was a mild winter this past winter to be sure, so I have over a ton left. I'll buy three this year, probably in the next month or so, and the oil guy will deliver as much oil in January as he does in July--can't go wrong with these bad boys. The fuel pellets are compressed scrap sawdust and they burn great. Here is a great article where a guy with a lot of time on his hands compared a couple of dozen brands of pellets (price, how clean they burn, efficiency, etc)
Do yourself a favor and look into them; oil isn't going to get cheaper anytime soon..its not like it is flowing free in the sea or anything.
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