We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

New Boiler Scheme is it legit

Options
2

Comments

  • comeandgo
    comeandgo Posts: 5,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The deal is with the boiler, so if new house owner, they have to take on the deal, a bit like some of the solar.
  • comeandgo said:
    The deal is with the boiler, so if new house owner, they have to take on the deal, a bit like some of the solar.
    Yes, could be off-putting for some.
  • MWT
    MWT Posts: 10,210 Forumite
    10,000 Posts Fifth Anniversary Name Dropper

    The deal is with the boiler, and not myself.

    That is a very large 'red flag', that is how the 'rent-a-roof' schemes ended up causing all sorts of problems when people want to sell their home.
    The details should be in the paperwork, but it sounds like it is some form of lease which they would transfer to a future owner of the property if you wanted to sell.
    It potentially also leaves you tied to them for your energy supply for the duration of the lease.
    If you can get your hands on the actual paperwork so you can work out the details it would be interesting to hear more, but under no circumstances should you sign anything they want to bring with them but not send you in advance to review at your leisure.

    .

  • Change Boilers to Spoilers!
    I work from home so my cat can be fed on demand!
  • MWT said:

    The deal is with the boiler, and not myself.

    That is a very large 'red flag', that is how the 'rent-a-roof' schemes ended up causing all sorts of problems when people want to sell their home.
    The details should be in the paperwork, but it sounds like it is some form of lease which they would transfer to a future owner of the property if you wanted to sell.
    It potentially also leaves you tied to them for your energy supply for the duration of the lease.
    If you can get your hands on the actual paperwork so you can work out the details it would be interesting to hear more, but under no circumstances should you sign anything they want to bring with them but not send you in advance to review at your leisure.

    .

    They have said, that the energy supply has nothing to do with them. The energy will still be supplied from whoever I choose or am currently with.

    I will ask them for the paperwork and see what it stipulates.

    But I'm certainly blowing a bit colder now than I was.

    Thanks for responding.
  • Zanderman
    Zanderman Posts: 4,875 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    MWT said:

    The deal is with the boiler, and not myself.

    That is a very large 'red flag', that is how the 'rent-a-roof' schemes ended up causing all sorts of problems when people want to sell their home.
    The details should be in the paperwork, but it sounds like it is some form of lease which they would transfer to a future owner of the property if you wanted to sell.
    It potentially also leaves you tied to them for your energy supply for the duration of the lease.
    If you can get your hands on the actual paperwork so you can work out the details it would be interesting to hear more, but under no circumstances should you sign anything they want to bring with them but not send you in advance to review at your leisure.

    .

    They have said, that the energy supply has nothing to do with them. The energy will still be supplied from whoever I choose or am currently with.

    I will ask them for the paperwork and see what it stipulates.

    But I'm certainly blowing a bit colder now than I was.

    Thanks for responding.
    If I were you, having read all the warnings in the response to your query, I'd just forget this firm completely, not ask for yet more info from them!  The whole scheme sounds very dodgy indeed, and not worth touching with a barge pole.  
  • If this is the company, then it has been in existence for just over a year with one Director.

    https://find-and-update.company-information.service.gov.uk/company/13160646/filing-history
  • MWT
    MWT Posts: 10,210 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 25 October 2023 at 9:41PM
    If this is the company, then it has been in existence for just over a year with one Director.

    https://find-and-update.company-information.service.gov.uk/company/13160646/filing-history
    They will have set that one up to protect the name, they actually trade under 'Taggas Ltd.'.

  • QrizB
    QrizB Posts: 18,144 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 10 March 2022 at 10:47PM
    Getting back to the opening post:
    Basically, it's fitting of a new eco boiler (93% efficient), flushing of the system (worth £500), fitting of a magnet descaler, limescale and a new Hive system.
    There are no up front costs, but the promise they will save you around 45% on your gas bills. The saving you make you pay towards the system / fit etc.
    How old is your existing boiler? If it's less than 20 years old, there's no way* they can possibly save you 45% on your gas bills by doing what they describe. Absolute best case is a 20% reduction.
    * Well, not unless they replace your gas boiler with an electric one, which would technically reduce your *gas* bill but you wouldn't believe what it would do to your electric one!
    Also:
    ... flushing of the system (worth £500) ...
    Any salesman who needs to tell you what his added extras are "worth" is likely to be a grifter. Just think of infomercials.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Basically, it's fitting of a new eco boiler (93% efficient), flushing of the system (worth £500), fitting of a magnet descaler, limescale and a new Hive system.

    There are no up front costs, but the promise they will save you around 45% on your gas bills. The saving you make you pay towards the system / fit etc.
    I'd suggest the claim in bold is nonsense so digging into the details of the rest of this is a waste of time.

    As a general rule though I would NEVER consider any 'offer' that came via a cold call. 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.