Early bird sign-up for pellets.
Financing for 12 months on Pellet Fuel.
(See store for financing details)
Current Pricing is in effect until September 1, 2019.
The Hearth, Patio & Barbecue Expo is North America’s largest indoor-outdoor living showcase. Every year, over 400 leading hearth, patio and barbecue manufacturers and suppliers exhibit and demonstrate their latest home heating solutions; grills, grilling accessories and fully-equipped outdoor kitchens; casual patio furniture and outdoor accents; water and landscape features; all-weather entertainment products and more.
Below are some great insights and statistics from industry experts, insiders, producers, and retailers from the expo that we at Long Pond Hearth and Home feel every pellet stove owner should find interesting; because we all know the winter season will come around and the pellet crusade begins. Read on!
“The U.S. Energy Information Administration (EIA) reports that U.S. households using cordwood or pellets for primary residential heat has increased 26% from 2005, to top 2.1 million, or 2% of U.S. households, in 2017; another 8% use wood or pellets for secondary heat. While vented gas hearth appliances now represent 49% of hearth products sales, and wood stoves account for 28%, pellet stoves now top 12%, according to Hearth & Home magazine’s recent survey numbers. According to that same survey, the average retail price for a wood stove is $2,446 while the average price for a pellet stove is $3,292.”
“The EIA’s forecast of heating fuel prices may offer some optimism for pellet stove sales, especially in the Northeast with its dependence on heating oil. The EIA forecasts “slightly higher prices” than last year for heating fuels, with heating oil prices forecast to increase 18%. The EIA forecasts that the expenditure for heating fuel for the average U.S. household will increase 20% if heating with heating oil, 5% with natural gas, 1% with LP, and 3% when heating with electricity.”— The U.S. Energy Information Administration
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“With cold weather having a strong affect on both pellet stove and pellet fuel sales, the National Oceanic and Atmospheric Administration (NOAA) forecasts 2019 temperatures in the U.S. to be “similar to both last year and the 10-year average.” NOAA also forecasts heating degree days (HDD) to average only 1% more than last year.” — National Oceanic and Atmospheric Administration
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“For most of North America, pellet fuel shortages were not a concern. But in some pocket areas, pellets were scarce or almost unavailable. The Pellet Fuels Institute (PFI) hoped for a strong 2018-2019 sales season with plenty of fuel inventory. “Carryover inventories were low, early-buying signals were strong, and retailers were reporting stronger-than-normal pellet appliance sales,”
“In 2018, concerns over tight fiber inventories started to surface in late summer,” “Pellet inventories now are tighter than most would like. It looks like we’ll be rolling into the spring and summer inventory build-up period playing a bit of catch-up.”
“Spotty” fuel shortages, a great pellet stove sales year, “but at the same time we had a big shortage of pellet fuel.” —Tim Portz, PFI’s executive director
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“Chinese tariffs on U.S. hardwoods caused sawmills to cut back production, reducing raw materials needed for pellet fuel. Then heavy rains in the forests of the Northeast kept loggers out of the woods, further reducing raw materials for pellets.”
“In 2017, the industry had 340,000 tons of pellets in inventory before the season,” “Last year, 2018, we only had 100,000 tons of inventory,” he says. “With a colder and longer winter, and timber not being able to be harvested because of the wet forests, we saw raw material shortages and spotty pellet outages. It was interesting last year, and it will be interesting this year.” —Bruce Lisle, president of Energex Wood Pellets
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“Yes, last season there was some ‘tightness’ out there in the availability of pellets,” There is no pellet fuel inventory carry-over going into 2019, and all fuel produced this year will be sold. Dealers probably will see some pellet-fuel price increases this year.” -Stephen Faehner, CEO and president of American Wood Fibers
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“With an early and cold winter in 2018, “We will still have limited raw materials for 2019, and there may be some shortages, so we hope customers will buy early.” There will be price increases on pellet fuel. “We’ll probably see that because we’ll have to bid for our raw materials.” —Lori Hamer, president of Hamer Pellet Fuel
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Some “fuel for thought” for the pellet fuel end users that rely on pellets to heat their homes and grill their favorite meals with pellets. First, some questions to answer for yourself: “should I be pro-active and pre-order” or “do I wait-it-out as the season gets closer.” Only ‘you’ know your homes needs and personal situation, you are a pellet fuel expert in your home; you’ve done this many times before. Hope these insights have helped in navigating you to devise a plan for next years burning season.
Regardless of which direction you choose, Long Pond Hearth and Home, in Wauregan, CT is here to provide you with the best pellet fuel “low ash, high BTU” pellet fuel in the industry. We offer early bird sign-up for pellets, Financing for 12 months on Pellet Fuel, Current Pricing is in effect until September 1. 2019. Call us or visit our site: cthearthandhome.com for the brands we carry. If you are ‘newbie’ or want to start burning pellets in your home, come and see us at our showroom and let’s discuss your needs. We want you warm and happy in 2019. Remember, there is a difference in the quality of pellet fuel. We carry only what we burn at our own home.
Early bird sign-up for pellets.
Financing for 12 months on Pellet Fuel.
(See store for financing details)
Current Pricing is in effect until September 1, 2019.
(860) 779-7500
