Last winter when I was using electric heat to heat my home I was paying $174.00 a month for my electric bill.
I then installed a wood stove In February of 2017 and dropped my electric bill from $174.00 per month to $50.00 a month so with wood heat I'm saving $124.00 per month on my heating costs.
From November to January heating my house with electric I paid a total of about $522.00 and if I hadn't hooked up my wood stove in February I would have paid an additional $348.00 for those last 2 months of heating of February and March.
Making my total electric cost for heating my home $870.00 Installed the wood stove saved me $620.00 wood stoves can really save you money on heating costs especially if you can get free firewood like I can.