I've got a Taylor Wood Stove at my place in central Pennsylvania. We have a seasonal dwelling, so I don't have experience with living with a wood stove for an entire winter season (however, several of my relatives do).
The ongoing cost of heating is definitely cheap with a good wood lot (e.g. sweat equity only). Generally, I feed it with new wood about 3 times a day....... which gives me an excuse to go outside and get some fresh air!! I usually give it a good cleaning with the chimney brushes about twice a year (it's very easy). From a technical perspective, people will tell you that wood stove are not energy efficient... However, if you don't mind the wood chopping, I think it's a great deal.
***************** Words of Warning *************
Make sure you study the prevailing winds and place your wood stove down-wind from your home!! Wood Stoves are smokey, so don't create a situation where you'll make the CEO unhappy....
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We heat the house and heat the domestic hot water with the wood stove. It's actually two seperate plumbing systems.
For the domestic hot water, there is a copper coil that runs inside the water jacket and believe it or not, only holds about a gallon of water, but consistently turns 60 degree well water into near boiling hot water for the shower, etc!
*********** Second Word of Warning **************
Tell your guests that your hot water could scald them....
Atleast at my house the hot water is really hot!! If your've got a good well you can take a hot shower for an hour and never run short of hot water.... nice !
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The heating system is a copper pipe loop of radiators inside the house and fed via a pump from the wood stove. I drain the wood stove in the winter and have rigged up the plumbing to allow me to easily replace the water in the radiators with pink anti-freeze to prevent freezing.
My relatives who use them year-round also love them, but also burn lots of wood. They burn 10+ cords in the winter time, so owning a wood splitter and really good chain saws are necessary.
Overall, I sort of enjoy the extra work of maintining a wood burner.... I keeps you young!
Henry