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New boiler ?

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  • victor2
    victor2 Posts: 8,121 Ambassador
    Part of the Furniture 1,000 Posts Name Dropper
    MoneyMate wrote: »
    Based on a saving of 25% gas usage, the Energy Saving Trust estimates the average saving per household on energy bills after installing a new boiler to be £310. This does not take into account how much installing a new boiler will cost.

    The table below illustrates just how much a modern condensing boiler could cut your gas bills by, depending on the size of your house (a boiler that's 15 years old or more is classed as 'old' in these calculations. A lightweight boiler can be attached to a wall; a heavyweight boiler is floor standing.)

    Annual fuel costs with different boiler types (source: Sedbuk)
    Boiler type Efficiency Semi-detached Detached
    Old gas heavy weight 55% £1204 £1705
    Old gas light weight 65% £1019 £1442
    New non-condensing 78% £849 £1202
    New condensing 89% £744 £1053

    My gas usage for DHW and CH (in a 4 bed detached) was £851.35 for the last 12 months. So a 25% saving on that would be about £213 per annum.
    Cost of replacing my old boiler with a new condensing one? Even if I save £310 a year, it doesn't add up to any kind of overall saving over the expected life of a modern boiler, along with its maintenance costs.
    If it ain't broke, don't fix it!

    I’m a Forum Ambassador and I support the Forum Team on the In My Home MoneySaving, Energy and Techie Stuff boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. 

    All views are my own and not the official line of MoneySavingExpert.

  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 23 August 2013 at 8:56PM
    MoneyMate wrote: »
    Based on a saving of 25% gas usage, the Energy Saving Trust estimates the average saving per household on energy bills after installing a new boiler to be £310. This does not take into account how much installing a new boiler will cost.

    The table below illustrates just how much a modern condensing boiler could cut your gas bills by, depending on the size of your house (a boiler that's 15 years old or more is classed as 'old' in these calculations. A lightweight boiler can be attached to a wall; a heavyweight boiler is floor standing.)

    Annual fuel costs with different boiler types (source: Sedbuk)
    Boiler type Efficiency Semi-detached Detached
    Old gas heavy weight 55% £1204 £1705
    Old gas light weight 65% £1019 £1442
    New non-condensing 78% £849 £1202
    New condensing 89% £744 £1053

    Which, unless you are in the lucky position of being given a free boiler and install, makes it a pretty futile calculation!
    My car is 6 years old. No doubt a new one will be more economic to run. But I'd hardly do the comparative maths without including the cost of financing and purchasing the new vehicle.
    No free lunch, and no free laptop ;)
  • beedeedee
    beedeedee Posts: 991 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Who did the boiler servicing guy work for? Anything to do with British Gas?......They told us we needed a new boiler and that was well over 12 years ago.......Our gas safe registered independent chap says ours will last many years yet as long as he can continue to source the parts.
  • beedeedee, it was an independent firm who we have a servicing contract with. We have more than had our monies worth out of the contract :)
    The boiler is a imi range powermax 155 if that means anything to anyone ?!
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