Electric Boiler Cost: Unlock Your Ultimate Affordable Guide
Homeowners, have you been scratching your head, trying to figure out the cost of an electric combi boiler?
Well, it’s your lucky day! Here, we will dissect everything there is to know about electric combi boiler costs. But before we dive into the specifics, let’s get a little background on an electric combi boiler and why you might want to consider one!
Understanding an Electric Boiler Cost
Electric combi boilers are heating systems designed to provide heating and hot water to homes. These boilers use electricity as their power source, meaning they can be used in properties not connected to the main gas grid.
They’re a fantastic option for homeowners looking to reduce their carbon footprint as they produce zero emissions during operation.
Plus, they’re incredibly energy-efficient, with efficiency levels reaching up to 99%! That’s a figure that gas and oil boilers can only dream of.
But the burning question is: How much does an electric combi boiler cost?
Electric boiler cost statistics
Electric combi boiler prices range from £600 to £4,500, while installation costs typically range from £1,500 to £2,500. The cost of purchasing, and installing an electric combi boiler can range from £2,100 to £7,000. Learn more about electric combi boiler costs.
As we have said, electric boilers achieve near-perfect efficiency levels of up to 100%, while gas boilers achieve a fuel efficiency of around 90%. The average cost per kilowatt of electricity is 20.3 pence, compared to 4.17 pence for gas. See electric vs gas boiler efficiency comparison.
Delving into Electric Boiler Costs
The cost of electric combi boilers can vary significantly, ranging from £600 to £4,500. This broad price range is influenced by factors such as the boiler’s capacity, brand, and any additional features it might have.
But remember, the electric combi boiler cost doesn’t stop at the purchase price. You’ll also need to factor in installation costs, typically ranging from £1,500 to £2,500. The installation’s complexity, the boiler’s location, and the rates charged by your chosen installer all contribute to this cost.
So, the total cost of purchasing and installing an electric combi boiler can range from £2,100 to £7,000. But don’t let these figures scare you! There are ways to manage these costs, such as opting for a boiler with a lower capacity or choosing a more affordable brand.
Comparing Electric Boilers and Gas Boilers
You might wonder why you should choose an electric boiler when gas boilers are typically cheaper. Well, while it’s true that gas boilers have lower upfront costs, they can’t compete with electric boilers in terms of efficiency and environmental impact.
Let’s Unpack This, Shall We?
Average Cost per Kilowatt for Electricity
- According to the Energy Saving Trust, the average cost per kilowatt of electricity is 20.3 pence (Click Here for the latest). Imagine you’re at a fancy coffee shop; this is the equivalent of ordering a triple-shot, caramel, soy latte.
Average Cost per Kilowatt for Gas
- On the other hand, the average cost per kilowatt for gas is just 4.17 pence. This is like getting a regular black coffee; it does the job without the frills.
Electric Boiler Cost of Running
- When you compare the two, running an electric combi boiler can be up to five times higher than running a gas boiler. It’s like choosing between taking a taxi or walking; one is more costly, but sometimes it’s worth it for the convenience.
Moreover, electric boilers are safer than gas boilers as they pose no risk of carbon monoxide poisoning. They’re also quieter, require less maintenance, and offer flexible installation options due to the lack of a flue pipe requirement.
Exploring the Running Costs of Electric Boilers
Electric boilers are more efficient than gas and oil boilers but have higher running costs because electricity prices are typically higher than gas and oil.
(Update) According to the Energy Saving Trust, the average cost per kilowatt of electricity has just increased as of October 2023 to 27.35p, compared to 7p pence for gas. This means the cost of running an electric combi boiler can be up to five times higher than running a gas boiler.
Keep an eye on their website for up-to-date costs per kilowatt: https://energysavingtrust.org.uk/what-is-the-energy-price-cap/
However, by taking advantage of off-peak electricity tariffs and pairing your boiler with solar panels, you can help offset these costs and make your boiler more economical.
Choosing the Best Electric Boiler for Your Home
When selecting an electric boiler, several top brands offer high-quality options. Some of the best models on the market include:
|Starting Price (£)
|Electric Heating Company Comet Electric Combi Boiler
|Six-stage heating process, stainless steel heat exchanger
|Electric Heating Company SlimJim Electric Combi Boiler
|Perfect for smaller homes, Run-Dry Water Level Sensor
|Thermaflow TH9/210U Combi Boiler
|Ideal for larger homes, it connects to solar thermal or wood-burning systems
|Elnur Mattira MAC15 Combi Boiler
|Adjustable temperature, 2-year warranty
Remember, when choosing an electric combi boiler, you’ll need to consider the size of your home, your hot water needs, and your budget.
FAQ: Electric Combi Boiler Costs and More
1. What is the average lifespan of an electric boiler, and is it worth the investment in the long run?
- Electric combi boilers typically have a lifespan of 10 to 15 years, making them a durable choice. While the initial investment may be higher than gas boilers, the long-term savings on energy bills and lower maintenance costs make them worthwhile.
2. Are government incentives or grants available for installing an electric boiler to encourage eco-friendly heating solutions?
- There are various government incentives and grants in the UK, such as the Renewable Heat Incentive (RHI), designed to promote renewable heating systems like electric combi boilers. These incentives can help offset the upfront costs and make your switch to electric heating more cost-effective.
3. Can I use an electric combi boiler in a large, multi-story house with high hot water demands?
- Yes, you can use an electric combi boiler in larger homes, but you should carefully consider its capacity to ensure it meets your hot water demands. Larger capacity models are available for homes with higher requirements.
4. How can I reduce the running costs of my electric boiler, considering electricity prices are higher than gas prices?
- To reduce running costs, consider taking advantage of off-peak electricity tariffs, which offer lower rates during certain hours. Additionally, pairing your electric combi boiler with solar panels can significantly reduce electricity consumption and costs.
5. Is it possible to retrofit an electric boiler into an existing heating system, or does it require a complete overhaul?
- Electric combi boilers can often be retrofitted into existing heating systems without a complete overhaul. However, consulting with a qualified installer is essential to assess your situation and ensure a seamless integration.
6. Do I need to regularly perform maintenance tasks to keep my electric boiler running efficiently?
- Electric combi boilers generally require less maintenance than gas or oil boilers. However, it’s essential to schedule an annual service by a qualified engineer to check for any potential issues and ensure optimal performance.
7. What are the environmental benefits of using an electric boiler, and how do they contribute to reducing my carbon footprint?
- Electric combi boilers produce zero emissions during operation, contributing to a reduction in greenhouse gas emissions. By choosing electric heating over fossil fuels, you’re helping to lower your carbon footprint and support a more sustainable future.
8. Can I remotely control my electric boiler or integrate it into a smart home system for added convenience and energy savings?
- Many modern electric combi boilers come with smart control options, allowing you to adjust settings remotely through smartphone apps or integrate them into your smart home ecosystem. This flexibility offers convenience and helps you manage your energy usage effectively.
Remember, when considering an electric combi boiler, it’s essential to consult with a professional installer who can provide tailored advice based on your home’s specific needs and budget.
So, there you have it, folks! That’s your ultimate guide to electric combi boiler costs. While the initial investment might be higher than gas or oil boilers, the long-term savings, environmental benefits, and peace of mind make electric combi boilers worthwhile. Are you ready to make the switch?
Monday, October 9th, 2023 in Blog