📨 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!

Replacing old boiler for new to save money in the long run

Options
I'm looking for advice from much wiser heads than mine. 

I currently have a conventional (heat only) gas boiler in my garage with a tank in the loft and a cylinder in the airing cupboard. With current energy prices being what they are, I find that putting the heating on or running a bath sees my smart meter jump up by around a £1 an hour. This seems excessive, even in the current climate. It also causes my electric to go up by quite a bit too as a pump is required to give me pressure. 

So my question - given the boiler is at least 20+ years old and I will have to replace it at some point, would it be wise  to do it now and reap the benefits of a more efficient boiler or should I hold out until it packs in? 

If the advice is a new one, I've had a quote for around £3400 for a new Worcester boiler replacement. Sounds reasonable to me for the size of house (two occupants, 3 beds, 1 loft conversion, 1 bathroom, 1 wc, 13 rads) but will of course shop around. 

Thanks in advance! 
«134

Comments

  • jackieblack
    jackieblack Posts: 10,500 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Subscribing to this thread as I've been wondering the same (have seen BG advertising 5 years interest free credit atm)
    2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter, south facing (-5 deg), 30 degree pitch, no shading
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    MFW #4 OPs: 2018 £866.89, 2019 £1322.33, 2020 £1337.07
    2021 £1250.00, 2022 £1500.00, 2023 £1500, 2024 £1350
    2025 target = £1200, YTD £9190
    Quidquid Latine dictum sit altum videtur
  • BUFF
    BUFF Posts: 2,185 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 1 November 2022 at 5:11PM
    can you say:
    what model your existing boiler is
    what heating controls you have currently (programmer/room 'stat/TRVs etc.)
    your annual gas consumption in kWh
    Is the quote for boiler only or does that also include updated controls?

    Is the pump that you mention the normal circulating pump or a pump for e.g. shower?
    If the latter you could always go with a system boiler with a new unvented tank (more cost of course) which would give you mains pressure from your taps..

    There are 2 differing schools of thought:
    a) replace as soon as possible to start reaping savings from improved efficiency asap (especially through the heavy consumption winter period). The answers to above questions will inform projected length of return on investment.
    b) new boilers are more complicated so tend to have shorter lifespans/be less reliable so run your existing boiler into the ground/until it needs a major repair rather than have capital cost of replacement sooner
  • SaverRate
    SaverRate Posts: 977 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Subscribing to this thread as I've been wondering the same (have seen BG advertising 5 years interest free credit atm)
    Please dont go with British gas for your boiler install. Even if they offer the 5 year interest free credit you dont get the manufacturers warranty and you can most likely get the boiler for cheaper elsewhere
  • Hi Buff 

    Current boiler is a Potterton Kingfisher 2. 
    Heating controls consist of a programmer in the airing cupboard, plus a room stat and TRVs on new rads. 
    My annual gas consumption is difficult as we have recently gone from four adults to two living in the house - as it stands we are averaging around 1000kwh per month. 

    The quote is for boiler, install, removal of old system and Google Nest thermostat controls.

    Thanks
  • BUFF
    BUFF Posts: 2,185 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 1 November 2022 at 3:03PM
    The Kingfisher 2 had a SAP of 65% when new, it probably isn't performing at that now. A new WB, used properly should be 90%+.
    As far as controls I would suggest that if you go WB to go with WB controls - they will allow the boiler to modulate more efficiently than Nest & if installed at the same time as a WB boiler will be warrantied for the same length of the boiler (potentially up to 12 years).
  • BUFF said:
    The Kingfisher 2 had a SAP of 65% when new, it probably isn't performing at that now. A new WB, used properly should be 90%+.
    As far as controls I would suggest that if you go WB to go with WB controls - they will allow the boiler to modulate more efficiently than Nest & if installed at the same time as a WB boiler will be warrantied for the same length of the boiler (potentially up to 12 years).
    Thank you so much for the advice - it is invaluable. Cheers
  • BUFF
    BUFF Posts: 2,185 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    If you currently use the mythical "average" figure of 12500kWh of gas usage I would expect you to save ~£365 per year at current prices. This means that the system upgrade would pay for itself within 10 years (at current kWh prices).
    In reality I would not be surprised that if you used the increased control available you could handsomely beat that.
  • Sorry, another silly question, I presume that a combi would also negate the need for the pressure pump as it would give me the pressure?
  • Bendy_House
    Bendy_House Posts: 4,756 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Sorry, another silly question, I presume that a combi would also negate the need for the pressure pump as it would give me the pressure?
    Yes, PROVIDED you have good mains flow and pressure?
  • Bendy_House
    Bendy_House Posts: 4,756 Forumite
    1,000 Posts Second Anniversary Name Dropper
    The quote you've received, is that for a combi?
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
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K 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.