Is Your Old Boiler Costing You a Fortune in Higher Energy Bills?

Is Your Old Boiler Costing You a Fortune in Higher Energy Bills?

Do you shudder every time your energy bill arrives? You’re not alone. Millions of people are struggling with high energy bills, and the cost of heating our homes is only going to go up in the future. One way to combat this is by installing a new gas boiler. A new boiler can save you a fortune on your energy bills, but the cost can be prohibitive for many people. In this blog post, we’ll explore ways that you can finance the cost of a new boiler and start saving money today!

The average UK home could save over £500 a year by replacing their old boiler 

with a new, more efficient model. If you’re struggling to pay your energy bills, a new boiler could be the answer to your prayers. But how can you finance the cost of a new boiler?

There are a few options available to you:

– Boiler finance: There are a number of companies that offer boiler finance, which allows you to spread the cost of a new boiler over a period of time. This can be a great option if you’re struggling to pay for a new boiler outright.

– Government grants: The government offers a number of different grants and schemes that can help with the cost of a new boiler, including the Energy Company Obligation (ECO) scheme.

– Combination boiler: A combination boiler, also known as a combi boiler, is a highly efficient way to heat your home and provides hot water on demand. They are more expensive than traditional boilers, but the savings on your energy bills will quickly offset the initial cost.

If you’re struggling with high energy bills, don’t despair. There are a number of ways to finance the cost of a new boiler and start saving money today. Talk to your energy provider about boiler finance, explore government grants, or invest in a combi boiler via a local installer to start saving money on your energy bills now!

Do you have an old boiler that’s costing you a fortune in higher energy bills? Have you considered replacing it with a new, more efficient model? In this blog post, we’ll explore ways that you can finance the cost of a new boiler and start saving money today!

Many people are put off by the cost of a new boiler, but there are ways to finance 

it so that it doesn’t break the bank. A new boiler could save you a fortune in this new era of higher energy bills, so it’s worth considering if your old one is costing you more than it should.

There are a few things to bear in mind when you’re looking at new boilers. Firstly, you need to decide what type of boiler is right for you. There are three main types of boiler: combi, system and conventional.

Once you’ve decided what type of boiler is right for you, the next step is to think about how you’re going to finance it. There are a few options available, including boiler finance, credit card, bank loan etc which can help spread the cost of a new boiler over a period of time.

While new boilers can be an expensive investment for your home, there are plenty of options available to finance your new boiler so that it doesn’t break the bank. You could save a fortune in higher energy bills with a new boiler.

Replacing an old boiler can also add value to your home 

So, not only could you be saving money on your energy bills, but if you ever come to sell your home, you could get a higher price for it.

Having a new boiler installed can be expensive though. If you’re on a low income or certain benefits, you might be able to get help with the cost of a new boiler.

There are a few ways to finance a new boiler:

– Boiler finance – this is where you spread the cost of the boiler over a period of time, usually between two and ten years. You make monthly payments, but the interest rate can be high, 9.9% currently on average.

– Boiler grant – this is where you get money from the government to help with the cost of a new boiler. You might be eligible for a grant if you’re on a low income or certain benefits.

Ask for expert advice if you’re not sure which boiler is right for you 

Choosing the right new boiler is a major decision. If you’re not sure which one is right for your home, get expert advice from a registered gas safe engineer. They’ll be able to advise you on the most energy-efficient and cost-effective model for your home.

You may be able to get a new boiler for free if you fulfil certain criteria, however these are now extremely limited.

If you’re on certain benefits, you may be able to get a new boiler for free through the government’s energy company obligation (ECO) scheme. ECO is a UK-wide initiative that provides funding for energy-saving home improvements, including new boilers, insulation, and solar panels. To see if you’re eligible, check the government’s ECO website.

You can also get a new boiler on finance 

If you’re not eligible for a free boiler and can’t afford to pay for one upfront, there are a few different financing options available. Some energy companies offer interest-free credit or discounts if you sign up to their gas and electricity tariff. Alternatively, you could take out a personal loan or put the cost of the boiler on your credit card.

If you’re thinking of getting a new boiler, make sure you compare several types and models to find one that’s right for you. You should also get quotes from a few different installers to make sure you’re getting a good deal.

Get your new boiler installed by a professional so that you can enjoy the benefits straight away!

Once your new boiler is up and running, you’ll start to see the savings on your energy bills. You might also notice that your home is warmer and more comfortable.

So, if you’re thinking of replacing your old boiler, there’s no need to wait. Contact a registered gas safe engineer today and start saving money on your energy bills.

Conclusion

If you’re one of the many people in the UK who are still using an old, inefficient boiler, it’s time to think about upgrading. Replacing your old boiler with a new, high-efficiency model could save you over £500 a year on your energy bills – and that’s money that could be better spent elsewhere. Boiler replacement isn’t cheap, but there are ways to finance it – and when you consider the added value a new boiler can bring to your home, it starts to look like a much more attractive option. So, what are you waiting for? Upgrade your old boiler today!