Renovating a house - new heating system

matelodave

macman said:

I agree, but mains gas is only available at a cost of £2k capital investment to make the connection. That could represent several years (maybe 5 or 6?) worth of savings on actual usage wiped out.

Like you, I'd consider it a worthwhile investment too, but it has to be factored in.

That could easily add £5-£10k to the value of the house and make it a lot easier to when the time comes to sell it, apart from the fact it could probably save £500 a year on heating bills showing a payback of 4-5 years.

My Mum's bungalow only had electric panel heating because she refused to put up with the aggro of having gas C/H and was happy with the panel heaters. Gas was already available in there but the previous owner had removed the gas warm air unit. Mum only used gas for the hob (the oven was leccy)

When she died we had it on the market for about eight months until we decided to install gas C/H.  It cost us about £3.5k at the time as we took the easy option and got BG to do it (we all live over 100 miles away, so it was easier than trawling around looking for local plumbers)

We put it back on the market for £10k more and sold it two weeks later for £8k more than our original asking price so it was definitely worth the outlay. 

[Deleted User]

Only as long as differences in gas and electricity prices continue. There is increasing ‘noise’ that the Government will have to do something to encourage heat pump take up given that Hydrogen is only likely to power about 20% of future homes. The solution being proposed is a tax on gas usage. Proponents argue that electricity users have to pay Green Taxes so why not gas users?