Monitoring and Savings

I said before that it was fun being able to observe the boiler functions online but I could border on addictive.  Perhaps it is because it is a new installation and I'm constantly watching to make sure things are going as they should and that no unforeseen problems are lurking in my basement.  Or perhaps I am just still amazed that I can change the settings from wherever I am.  Whatever the case,  I'm still watching and analyzing.
I calculated the cost of heating my domestic hot water (DHW) by retrieving the pellet consumption data.  As I am only heating my DHW right now and not my house, it is the only savings realization I can calculate at this point.  From a cold start boiler my Kedel utilizes between 3 and 4 pounds of pellets to satisfy my boiler-mate.  With normal weekday operation this occurs on average 3 times per day.  My pellets cost 10 cents per pound ($200/ton).  So it cost me, on average, 30 to 40 cents to satisfy my boiler-mate per occasion, or 90 cents to $1.20 per day.

In comparison, my oil boiler that I'd be using had I not installed the Kedel  would run for approximately 30 minutes from a cold start to satisfy my boiler-mate.  The oil in my tank cost $3.75/gallon last time it was delivered.  So, the .85 gph nozzle would cost me $1.59 per half hour of runtime.  So, to satisfy my boiler-mate the same three times per day would cost $4.77 per day.  The Kedel is saving me $3.57 - $3.87 per day when compared to oil, for DHW.

This is over-simplified I know, and I've only had the Kedel in for less than a week, but I am pleased with the performance.  This also doesn't take into consideration electrical consumption.  I would be using electricity with any of my heating solutions so I figured it would be a minimal change although I suspect the Kedel is more economical with electrical consumption than my oil burner.

With more time and more data I'll be able to more accurately calculate the costs/savings.