I would go with two stage duel fuel heat pump that uses gas for auxiliary heat before I would the stove. Unless your are in a part or the country where heat pumps aren't used. I honestly don't see them being worth the trouble or really saving all that much when you get to figuring it up. Yeah the electric bill will be low. However, you either have to buy wood or spend the time to to cut, haul, and stack your own. Then you have to fill the stove up every day. True that wouldn't take long but if you want to use the stove all the time you have to do it regardless of weather and health. I just think once you add your wood cost or your time onto your electric bill its not worth the trouble for what you would save. However, that's just my opinion and you know what they say about those.