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How much will a new boiler replacement cost?

A new boiler, unlike a new car, is an investment. Whereas a car loses value as soon as you drive it out of the showroom, a new boiler will save you readies through reduced heating bills throughout its lifetime.

I wonder what you’ll spend the savings on…I’m guessing probably not a new car anymore.

A new boiler, unlike a new car, is an investment. Whereas a car loses value as soon as you drive it

out of the showroom, a new boiler will save you readies through reduced heating bills throughout its lifetime. I wonder what you’ll spend the savings on…I’m guessing probably not a new car anymore.

A top of the range new boiler could set you back £6,188 with the typical boiler answering to a still significant £1,300. But with a free boiler grant you could nab your new boiler for…well free! And the savings don’t stop there.

Boilers over 10 years old not only increase the risk of repairs being necessary, but also mean you pay more on your heating bills as they are less efficient. A new boiler could get your home warm and cosy with much less fuss than an older boiler. Remember that “fuss” is being paid for by you.

Forget about ‘if it isn’t broken don’t fix it’ and instead think “why I am not taking advantage of the free boiler grant?!’

Let’s do a quick calculation to see how much a new boiler could cost you under the free boiler grant scheme:

Free boiler                                           £0

Free underfloor insulation                £0

Heating bill savings                           up to –£300 per year

Savings on old boiler repairs           around –£200 per year

= To replace your boiler will cost you nothing and in fact you’ll save around £500 every year.