Heating your home is the biggest chunk of your electric bill. The second biggest portion is the water heater. Find a stove that will heat your water also. I modified my stove by building a 1 1/2 inch chamber on one side of it with a 60 ft coil of 1/2 inch copper in the chamber. A small pump circulates water thru the copper pipe and into a 50 gal storage tank when the stove is up and running, which is 24/7 when the wether is cold. When we need hot water it draws out of the storage tank then thru a big electric instant hot water heater that is set at 130 degrees, so we always get at least 130 degree hot water. Sence my 2 kids got married and moved out, with just me and the wife, I can turn the instant hot off and just heat with the wood stove. The water in the storage tank will stay between 95 and 145 degrees, depending on when the last shower was taken. If you are going to have a fire going to heat the house, why not heat the water also? More $$$$ for you instead of the power Co. 1900 sq ft house, my electric bill runs around $75 in the winter. The colder it gets, the more hot water I make, the more my electric bill drops. The heat pump never comes on in the winter. Sometimes we do have to open a window to let in a little cool air.
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