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old boiler condemned: gas or electric for new?

gerrybeeeMM
gerrybeeeMM Posts: 3 Newbie
Tenth Anniversary First Post Combo Breaker
edited 11 March 2011 at 1:21PM in LPG, heating oil, solid & other fuels
My old gas boikler ghas been capped off as unsafe, so I urgently need to install a new one. I have quotes for a new gas boiler in the region of £3.5k. Because the existing flue exits onto my neighbour's property, which is now illegal, it will need to be relocated with additional cost for pipework. I am considering replacing it with an electric boiler for my hot water and central heating. I've been told it's more expensive to run, but how much more? Where do I go to make a realistic comparison? An electric boiler would be much cheaper to install but I need to calculate the cost over the life of the boiler (say, 15 years)

Comments

  • Cardew
    Cardew Posts: 29,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Gas is about a third of the price of electricity.

    New gas boilers are very efficient - electricity is 100% efficient.

    Gas boilers need servicing - electric don't.

    Fitting electricity will detract from the value of your property.

    IMO no contest - fit gas.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Was that £3.5K quote a BG one perchance?
    Get 2 more quotes from local independent RGI's and see the difference.
    No free lunch, and no free laptop ;)
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