Have you noticed that you often do not have enough hot water in the house? Is your house not always as warm as you would like it to be? Is all these happening because of an outdated boiler? Or does it simply no longer have enough capacity because, for example, you now have children? In all these cases it is advisable to buy a new boiler. Do you intend to do so, but would first like to have a good idea of the average costs associated with such a purchase? No problem! We will gladly provide you with an overview of the average costs!
The different types of boilers available
A boiler is an energy-efficient device that can serve as a heating option for both your home and your water. A new boiler costs $660 – $3300, depending on the system.
In the UK, for example, the two cheapest types of boilers are the conventional boilers and combi boilers. A conventional boiler is connected to your mains supply, which supplies the water for your home and works with hot- and cold-water storage tanks that are normally installed in the attic of your house. It costs $525 – $2000. A combi boiler is both a highly efficient water heater and a central heating boiler in a single unit. Combi boilers heat water directly from the mains when you turn on a tap, so you do not need a hot water tank or cold-water storage in the attic. These cost a little more, between $650 and $2625.
If you are looking for a slightly more environmentally friendly option, one of the most popular options in the UK, for example, will be the electric combi boiler, which costs between $2000 – $5925. This boiler is an environmentally friendly option that does not release gas into the atmosphere. It is also perfect for homes that do not have the space for a fuel tank, as most models fit into your kitchen or linen cupboard.
Other options include a condensing boiler, which costs $1700 – $3300, or a biomass boiler from $9200 – $17050. Biomass boilers look just like traditional gas boilers, but instead of using gas (or oil) to produce heat, they burn sustainably produced wood pellets. They are more expensive, but also more environmentally friendly.
Installation costs for boilers
The average installation cost for a new boiler in the US is between $1000 and $2500. However, these costs can change significantly depending on whether you are buying the same type of boiler as your former one or you are converting to a different type of boiler. When assessing how much a new boiler will cost, the installation costs are a key point to consider.
The design of your house and whether you will be installing the new boiler in the same place, or not also have an impact on the cost. After all, if you need to restructure your pipes to install a boiler in a completely different location, you must be prepared to pay more for it!
A good rule of thumb for the installation costs of a new boiler is that the easier the work is, the cheaper it will be.
US government subsidies for new boilers
In recent years, the US government via the EPA (Environmental Protection Agency) and the DOE (Department of energy) has launched several initiatives to reduce its carbon footprint by lowering energy consumption. Many such efforts focus on the consumption of US citizens, with programs like the LIHEAP (Low Income Home Energy Assistance Program), as well as the Boiler and Insulation Grants, aiming at improving living conditions by providing incentives towards meeting their heating costs. These include, among others, grants for eligible individuals to purchase more efficient appliances. Regardless of whether they are gas boilers, electric boilers, or biomass boilers. Eligible citizens can significantly reduce the cost of their new boilers through these initiatives.
We always advise you to first compare several boiler installers. In this way you can be sure that you will not pay the grand price. Fortunately, you can use our website to receive and compare up to 6 offers from local installers in one go. Click on the button below, fill out the form and compare the quotes that will follow in your mailbox. You can get to save up to 30% of the cost for your boiler.