How do wood pellet prices compare with oil, solid fuel and gas?

This will of course depend on the current prices of each fuel. As of February 2025, we can see the price of a bag of good quality wood pellets is €6.50 - €7.50 whereas a litre of kerosene is around €1.00. 

However, prices can vary a lot and it's well worth your time to shop around. 

At the time of writing, a 15kg bag of high quality wood pellets costs around €7.00 in most good retailers. This makes wood pellet slightly less expensive than kerosene heating oil but they are significantly cheaper than gas and solid fuels incl. coal, briquettes or kiln-dried wood. 

As carbon taxes increase on fossil fuels (there is no carbon tax on wood pellets), the cost difference is set to increase further. Also, if you're switching out an old appliance such as a solid fuel stove or non-condensing oil/gas boiler, there are further savings on costs to account for the efficiency difference between the old appliance (60-80%) and new pellet appliance (92-98%).

Should you be in a position to be able to purchase a pallet of wood pellets at once or buy pellets loose in larger bulk, you can avail of further discounts and cheaper prices.

If you cut your own turf, then you may not account for your labour cost in which case, turf would work out cheaper, however, if you switched to wood pellet, you would eliminate all those days on the bog, never need to worry about rain and free up lots of space in your shed!