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Electric heating?!

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Comments

  • Swipe
    Swipe Posts: 5,728 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 24 October 2023 at 5:54PM
    As Gerry says, gas heating will add  value yo the property and make it much more attractive to buyers in the future. The cost of running it will be about 70% lower than the cost of leccy and it will be more controllable.

    You need to get a quote to get the gas extended to your property and several quotes for the installation of the heating system.
    How will gas CH add value to a property which is sold on in, say, 2030? For my money, this needs a detailed appraisal to determine whether the cost of reconnecting a gas supply plus the cost of a new gas boiler, radiators etc outweighs the long term cost/benefits of a heat pump. It is worth bearing In mind that it is being suggested in many quarters that the Government is actively considering transferring some of the present electricity ECO charges on electricity to gas to narrow the price gap between the two fuels to encourage the take up of heat pumps.

    https://octopus.energy/blog/heat-pumps/

    The government says a lot of things.  By 2030 we'll be at least two governments down the line, an entirely different set of heads and policy/trends/plans may have changed again to an entirely different direction  I'd worry more about what's happening in 2021 than what "might" happen in 2030.
    Both parties are fully signed up to this eco fad so it's only going to get worse.

  • shinytop
    shinytop Posts: 2,166 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Swipe said:
    Dolor said:
    As Gerry says, gas heating will add  value yo the property and make it much more attractive to buyers in the future. The cost of running it will be about 70% lower than the cost of leccy and it will be more controllable.

    You need to get a quote to get the gas extended to your property and several quotes for the installation of the heating system.
    How will gas CH add value to a property which is sold on in, say, 2030? For my money, this needs a detailed appraisal to determine whether the cost of reconnecting a gas supply plus the cost of a new gas boiler, radiators etc outweighs the long term cost/benefits of a heat pump. It is worth bearing In mind that it is being suggested in many quarters that the Government is actively considering transferring some of the present electricity ECO charges on electricity to gas to narrow the price gap between the two fuels to encourage the take up of heat pumps.

    https://octopus.energy/blog/heat-pumps/

    The government says a lot of things.  By 2030 we'll be at least two governments down the line, an entirely different set of heads and policy/trends/plans may have changed again to an entirely different direction  I'd worry more about what's happening in 2021 than what "might" happen in 2030.
    Both parties are fully signed up to this eco fad so it's only going to get worse.

    Yup.  The price differential between gas and electric heating will reduce.  And I bet electricity won't get cheaper.  At the moment there is a nice carrot in the shape of RHI to tempt us to heat pumps. Once the carrots have gone the stick will come out.
  • Reed_Richards
    Reed_Richards Posts: 5,393 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Neil_Jones said:
    The government says a lot of things.  By 2030 we'll be at least two governments down the line, an entirely different set of heads and policy/trends/plans may have changed again to an entirely different direction  I'd worry more about what's happening in 2021 than what "might" happen in 2030.
    You sound like a politician speaking in private.
    Reed
  • brewerdave
    brewerdave Posts: 8,773 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    shinytop said:
    Swipe said:
    Dolor said:
    As Gerry says, gas heating will add  value yo the property and make it much more attractive to buyers in the future. The cost of running it will be about 70% lower than the cost of leccy and it will be more controllable.

    You need to get a quote to get the gas extended to your property and several quotes for the installation of the heating system.
    How will gas CH add value to a property which is sold on in, say, 2030? For my money, this needs a detailed appraisal to determine whether the cost of reconnecting a gas supply plus the cost of a new gas boiler, radiators etc outweighs the long term cost/benefits of a heat pump. It is worth bearing In mind that it is being suggested in many quarters that the Government is actively considering transferring some of the present electricity ECO charges on electricity to gas to narrow the price gap between the two fuels to encourage the take up of heat pumps.

    https://octopus.energy/blog/heat-pumps/

    The government says a lot of things.  By 2030 we'll be at least two governments down the line, an entirely different set of heads and policy/trends/plans may have changed again to an entirely different direction  I'd worry more about what's happening in 2021 than what "might" happen in 2030.
    Both parties are fully signed up to this eco fad so it's only going to get worse.

    Yup.  The price differential between gas and electric heating will reduce.  And I bet electricity won't get cheaper.  At the moment there is a nice carrot in the shape of RHI to tempt us to heat pumps. Once the carrots have gone the stick will come out.
    My own personal opinion is that any Govt. who enacts this switch over, will have to have some very juicy carrots on offer.
    Even if I didn't dig the ground floor up to install underfloor heating, a fag packet calculation for my place comes out ~ £25k all in to install better insulation ,better double glazing ,an ASHP with all its plumbing ,tanks and rads and making good afterwards.
     As I'll be 75 by 2025 I ain't doing it - if I have to ,I'll have a new gas boiler installed in 2024 to see me out !!
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