Efficiency is often interchanged (inaccurately) for
expense. But it does indicate with some imagination and understanding that the wood costs so little per BTU that it is remarkably inexpensive.
In most northern regions the cost/btu of using propane is virtually the same as heating with grid electricity. Propane can be convenient but dollar efficiency is only in the price per gallon versus heating oil.
I know a lot of people in northern Vermont that have, too. But then there’s that spiderweb or buildup of dust or something and the burn gets some yellow and people die- especially after insulation upgrades.
I WOULD NOT DO THAT EVER
The air is already moving - convectively. That’s what makes them spin. I think those are a waste of money to satisfy the minds of the uninformed that need the visual comfort.
That has some attractive features, but…
Have you considered the 40k-BTU draft-induced pellet stoves? Cheaper than oil and way cheaper than propane or electricity per BTU. They offer an in-plenum water heating tube that will thermocyle to a storage tank and permit using a 12V circulator to transport some heat to other rooms or for domestic hot water.
This still makes one dependent on supply chain fuel (unlike wood) but- depending on region- offer 50% to 80% less cost per btu than propane and electric heating. AND IT RUNS WITH ZERO ELECTRICITY, is UL approved, and EPA compliant.
That’s what I would do, and will someday.
You can buy a small-volume pellet press for <$1000 that you can use to make your own pellets from blended hardwood/softwood chips from loggers and mix in brush, hay, dry field grasses for a ‘free’ component.
But straight up using pellets bought by the pallet is a huge savings over propane. And no electricity required.