Costs of Running an Electric Boiler
Average cost = £1,745 per year
Best/cheapest price = £1,600
Related Guides: Boiler Replacement Cost
An electric boiler can be a good choice if you need to replace an old gas or oil fuel boiler. They are cleaner and you don’t need to worry about putting a tank for oil storage somewhere in the yard or underground. Electric boilers come in a range of different sizes that are small enough to fit in a kitchen or laundry cupboard. Electric central heating will save you kilograms of carbon each year and if you have a water storage tank with your boiler you can take advantage of lower electricity prices at off-peak rates. At just 9pence per kW compared top standard rates of over 15 pence per kW. (EST)
Do you need a new boiler for your electric central heating? You can get one as cheap as £1000 if you are just swapping your old boiler for a new boiler. If you need it moved and it involves extra plumbing and new wiring it will cost you more money. If you want a top of the range boiler for around £2000 it can cost up to another £2000.
The average price of an electric Combi boiler is £1500 for a 9kW model. Larger models can cost up to £2500. Usually only people with no access to oil or gas would opt for electric central heating. But nowadays many other people are recognising the environmental and cost benefits of installing an electric central heating boiler.
What types of electric boilers are available?
There are several manufacturers of electric central heating boilers in the UK that make models ranging from 4kW to 14.4kW. The smaller kW boilers are cheaper to buy and run but may not be as efficient as larger model.
Heatrae Sadia makes the ElectriMax Electric Combi Boiler that is small and compact and easily fits into a standard sized laundry cupboard. Comes in different sizes. A 9kw boiler is around £1580 including VAT whereas a 2.5kW boiler is £692 including VAT
Electric Heating Company offers a range of electric boilers for central heating from 6kW to 14.4kW that do not need to have a flue installed. These can also be adapted to produce hot water.
Thermaflow Electric Boilers range from a small and compact kitchen cupboard sized electric combi boilers to larger and heavier stainless steel electric combi boilers.
Trianco Electric Boilers are available in five output sizes ranging from a small 2kW to a larger 12kW. These boilers can also be linked to create a larger output if it is required.
Electric combi boiler running costs
According to Which? It will cost you an average of £1800 a year to use an electric combi boiler to supply hot water and heating for your home depending on the size of the boiler
Thermsave.co.uk with the average prices of electricity per kW hour say the boiler running costs for a 210 litre Thermaflow electric combi boiler is £2025. This is based on a total of 13500kW at 15 pence each kW.*
* This is based on the electric boiler being used on maximum for heating and hot water in autumn and winter and only for hot water in spring and summer.
Newcastle upon Tyne
*Sources: Energy Saving Trust, Heatrae Sadia, Electric Heating Company, Thermaflow, Trianco. All information is accurate as of January 2012