WATERVILLE (AP) – The big jump in heating oil prices is fueling a boom in sales of wood pellet stoves, with some Maine dealers saying demand is so great that they can’t keep them in stock.
Marty Farnum of Northern Lights Hearth Sports in Farmington said he’s just about sold out and has 150 more pellet stoves on order. Northern Lights has already sold 100 of the stoves this year.
Also in high demand are wood pellets, which are often sold in one-ton pallets of 40-pound bags.
Shop owners say households switching from heating oil could find that a $3,000 stove, plus the cost of pellets, would pay for itself in a year or two.
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Information from: Morning Sentinel, http://www.onlinesentinel.com/
AP-ES-06-22-08 0836EDT
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