If you’re looking for a more energy-efficient way to heat your home, an electric boiler might be the solution. These boilers are becoming increasingly popular due to their efficiency and smaller size. Unlike gas or wood boilers, electric boilers don’t require a flue, making them easier to install and maintain.
But how much does it cost to install an electric boiler? According to HomeAdvisor, the average cost to install an electric boiler is between £1,100 and £5,000, with the average cost being around £3,300. However, the cost can vary depending on factors such as the size of your home and the complexity of the installation.
When it comes to running costs, electric boilers are generally more expensive than gas boilers. However, they are more efficient, meaning that you could save money in the long run. You should consider both the installation cost and the running cost when deciding whether an electric boiler is the right choice for you.
Electric Boiler Costs
If you’re considering installing an electric boiler in your home, understand the costs involved. In this section, we’ll break down the two main types of costs associated with electric boilers: installation costs and running costs.
Installation Costs
The cost of installing an electric boiler can vary depending on a number of factors, including the size of your home, the type of boiler you choose, and the complexity of the installation. According to HomeAdvisor, the typical cost of installing an electric boiler is between $1,500 and $6,500, with an average cost of $4,000. However, this cost can be significantly higher if you have a large home or if you need to upgrade your electrical system to accommodate the new boiler.
Running Costs
The running costs of an electric boiler are generally lower than those of a gas boiler, but they can still be significant. According to Modernize, the average cost of electricity in the UK is around 24p per kWh. This means that if you run a 3kW electric boiler for an hour, it will cost you around 72p. Of course, your actual running costs will depend on a number of factors, including the size of your home, the insulation of your home, and how often you use your boiler.
To help keep your running costs down, choose an electric boiler with a high energy efficiency rating. According to Modernize, the most efficient electric boilers have an efficiency rating of around 99%, which means that almost all of the energy they use is converted into heat. This can help to keep your running costs down and reduce your carbon footprint.
Factors Affecting Electric Boiler Cost
When it comes to electric boiler cost, there are several factors that can influence the final price you pay. Understanding these factors can help you make an informed decision about which electric boiler is best for your needs and budget. Here are some of the key factors that can affect the cost of an electric boiler:
Boiler Size
The size of the electric boiler you need will depend on the size of your home and your heating requirements. Generally, larger homes will require larger boilers, which will be more expensive than smaller boilers. So choose a boiler that is the right size for your home, as an oversized or undersized boiler can be inefficient and costly to run.
Efficiency Rating
The efficiency rating of an electric boiler is an important factor to consider when calculating the overall cost. A more efficient boiler will use less energy to heat your home, which can result in lower energy bills over time. Look for boilers with a high efficiency rating to ensure you get the most value for your money.
Type of Boiler
There are several types of electric boilers available, each with their own advantages and disadvantages. For example, some boilers are designed for use in small homes or apartments, while others are better suited for larger properties. Some boilers are also more expensive than others, so it’s important to consider your budget when choosing a boiler.
Location of Installation
The location of your electric boiler can also affect the overall cost. If your boiler is being installed in a difficult-to-reach location, such as an attic or basement, the installation costs may be higher. Additionally, if your home requires extensive electrical work to accommodate the boiler, this can also add to the cost.
By considering these factors and choosing a high-quality electric boiler, you can ensure that you get the most value for your money. Be sure to shop around and compare prices from different suppliers to find the best deal on your new electric boiler.
Comparing Electric Boiler Costs
When it comes to heating your home, an electric boiler can be a great option. But how does it compare to other types of boilers in terms of cost? Let’s take a closer look at the cost of electric boilers compared to gas and oil boilers.
Electric vs Gas Boilers
One of the main differences between electric and gas boilers is the cost. While electric boilers are generally more expensive to install, they can be more cost-effective in the long run. This is because electric boilers have a higher efficiency rating than gas boilers, which means they use less energy to heat your home.
In terms of installation costs, electric boilers typically cost between £6,469 and £11,885, including labour and installation costs. On the other hand, gas boilers can cost between £1,000 and £3,000 to install. However, gas boilers can be cheaper to run than electric boilers, depending on the cost of gas in your area.
Electric vs Oil Boilers
Oil boilers are another popular option for heating your home. However, they can be more expensive to run than electric boilers. This is because oil prices can fluctuate, and it can be difficult to predict how much you will need to spend on heating your home each year.
In terms of installation costs, electric boilers are generally more expensive than oil boilers. Electric boilers typically cost between £6,469 and £11,885 to install, while oil boilers can cost between £2,000 and £3,000 to install.
The cost of an electric boiler will depend on a variety of factors, including the size of your home, your heating needs, and the cost of electricity in your area. However, electric boilers can be a cost-effective and efficient way to heat your home, especially if you live in an area with low electricity costs.
Electric boilers can be more expensive to install than gas and oil boilers, but they can be more cost-effective in the long run due to their higher efficiency rating. When comparing electric boilers to gas and oil boilers, it’s important to consider both the installation costs and the long-term running costs.
Buying Guide
Heating Capacity
The heating capacity of an electric boiler determines its ability to provide sufficient heat for your needs. Consider the size of the area you want to heat and choose a boiler with an appropriate heating capacity. It is typically measured in kilowatts (kW).
Efficiency
Look for an electric boiler with high efficiency to minimize energy consumption and operating costs. Efficiency ratings indicate how effectively the boiler converts electricity into heat. Higher efficiency models will help reduce your carbon footprint and save on energy bills.
Size and Installation
Consider the physical dimensions of the electric boiler and ensure it fits the available space in your home or building. Additionally, check the installation requirements and ensure you have the necessary electrical infrastructure to support the boiler.
Controls and Programming
Modern electric boilers come with advanced control systems that allow you to adjust and program temperature settings, schedules, and other parameters. Look for intuitive controls and user-friendly interfaces that make it easy to operate and customize the boiler according to your preferences.
Safety Features
Safety should be a top priority when choosing an electric boiler. Look for features like overheat protection, pressure relief valves, and automatic shut-off mechanisms. These safety measures will help protect the boiler from damage and prevent potential accidents.
Durability and Reliability
Invest in a reputable brand and ensure the electric boiler is built with high-quality materials that can withstand long-term use. Reading customer reviews and checking for warranty coverage can give you insights into the durability and reliability of a particular model.
Maintenance and Service
Consider the maintenance requirements of the electric boiler. Some models may require regular servicing, while others are designed to be low maintenance. Additionally, check the availability of service and support from the manufacturer or authorized service providers in your area.
Price and Value
Compare prices of different electric boilers while considering their features, efficiency, and reliability. Remember that the cheapest option may not always be the best long-term investment. Consider the overall value provided by the boiler in terms of efficiency, durability, and performance.
Energy Source Compatibility
Ensure that the electric boiler is compatible with your electrical system and power supply. Check the voltage and phase requirements to ensure a proper match.
Additional Features
Consider any additional features that might be important to you, such as programmable settings, wireless connectivity, remote access, and compatibility with smart home systems. These features can enhance convenience and control over your heating system.
If you don’t have the budget for either an electric or gas combi boiler and just need to heat a small space, check out these cheapest electric heaters to run.
