Consumers should be prepared for sticker shock when it comes to chimney repair or hearth appliances, since everything has gone up in price. Not only that, but wait times can be weeks or months due to the increased demand. Manufacturers are having a difficult time keeping up with the demand for products.
This is frustrating for the homeowners and their providers as well. In some cases, standard freight costs no longer exist and the dealers must pay whatever the freight lines charge. This makes it impossible to tell a buyer what their final price will be for a hearth appliance.
- Aluminum prices have increased by 20%
- Cold Rolled steel has increased by 160%
- Stainless steel price increase is 10%
- Lumber price increase is 130%
Domestic Freight has increased by 5% and is expected to rise due to gas price increases.
Expect to pay more for gas hearth appliances, wood-burning stoves and inserts, aluminum flue liners for gas, and stainless steel flue liners and chimneys for wood-burning appliances, plus additional freight cost.
There is some good news, however. The 26% tax credit is in effect, so could offset costs for a hearth appliance and it's chimney, plus installation costs. For this reason, now is the time to purchase a hearth appliance. Read more about the tax credit at the Hearth, Patio, and Barbecue website.
Marge Padgitt is the CEO of HearthMasters, Inc. chimney & fireplace restoration company in Kansas City, Missouri.