Replacing Woodstove with ...

All,
We could really use some input around the replacement of our current primary heat source. We live in a rural area and currently rely mostly on a woodstove as the primary heat source. We do have some electric baseboards as well but when runnig these our electrical bill explodes. We live in BC , Canada and our electricl rate is 0.06 CAD per KW.
We have done a lot of research across the many alternative that exist today: air-to-air heatpumps, air-to-water heatpumps, ground source heatpumps (Geo), pellet boilers etc. We don't have natural gas available so that is not an options. After going through all the options I have come to the conclusion that the best replacement (considering all things like cost, comfort, noise, environment etc) is to put in an electrical boiler (dual energy so we can use propane as the backup for when we loose power) in combination with hydronic baseboards. We will likely need somewhere abour 50,000 - 60,000 BTU and our sqft is around 2200 (two story home with split levels and vaulted seiling, skylights etc). The house was built in 1982 and insulation is not great (but also not terribly bad e.g. we do have double paned windows).
Before contacting heating contractors it would be great if people in this group could help provide some input to whether we are on the right track, anything that we are missing etc etc.
The cost of this solution is looking at around $3,000 USD for the basebaords and $2,000 for the dual energy boiler. Of course on top of that we will have the installation and plumbing.
Thanks in advance, Daniel
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Firs, I'd love to have those electric rates. Here in CT we are paying 19. Yes, that is 3X what you are complaining about.
I don't know that propane is a good replacement and if the payback for $5000 is worth it, but you can do a cost comparison for different fuels. Check here http://hearth.com/econtent/index.php/articles/fuel_cost_comparison_calculator/
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Edwin Pawlowski wrote:

Wow. Our rates are about 2.5 cents per KW. Our Public Utility District owns two hydro dams.
--
Dave
www.davebbq.com
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Look in to the corn stove. Fellow near me has one and likes it.
http://burncorn.cas.psu.edu /

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snipped-for-privacy@yahoo.com wrote:

Hmmm, That is very good rate for the electricity. In Calgary, I pay 0.082. Just locked it on a deal for 5 years at 0.07 with Enmax.
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Here in the GTA area of Ontario we pay much more than what you do. Are you sure you are reading your bill correctly?
Here we pay $0.055 per kWh ramping up to $0.064 per kWh, plus delivery charges, Regulatory charges and Debt retirement charges and GST. At our consumption it works out to a total of $0.109 Canadian per kWh on our last bill.

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I cannot answer your question, which is pretty complicated, but you might also post this query on alt.energy.homepower - they specialize on these kinds of heating questions. Roger
(snip) I have come to the conclusion that the best replacement

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