Changing from Oil to Electric boiler - is it cost effective?

GustyGardenGalaxy

I keep pondering about replacing my oil boiler with an electric one (note: there's no gas pipeline near me) - putting aside the installation costs of an electric boiler, how do the running costs of electric compare?

Does anyone here have an electric boiler ?

Robin9

Don't do it - several threads on here regarding the running costs of electric boilers. They use onpeak electric !

Gerry1

You'll go bankrupt with an electric boiler.  It's about the most expensive fuel you can find, short of burning bottles of brandy.

https://nottenergy.com/resources/energy-cost-comparison/

https://www.confusedaboutenergy.co.uk/index.php/domestic-fuels/fuel-prices

https://www.energysavingtrust.org.uk/about-us/our-calculations

Cardew

At current prices oil is almost as cheap as gas. Electricity is 5 times(500%) more expensive.

GustyGardenGalaxy

Thanks for the advice, I'll avoid an electric boiler then!