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How Much is a New Boiler in 2024?
- From: Kevin Smith
- Published 21 October 2024
October 2022 has witnessed a record inflation in UK history. Not just that, the Consumer Price Index including owner occupier housing cost (CPIH) is 3.1% more in Aug 2024 than in the same month of 2023. Keeping these inflationary figures, many homeowners became worried about such an abrupt raise in prices of their necessities. One of these essential things is the boiler- a home heating champ in the majority of the UK homes.
But what if it is too old to provide inefficient heating or broken-down completely? Of course, a new boiler becomes essential! However, how much will it cost? There are several factors including boiler type, installation cost, and other accessories that impact the new boiler cost. Let’s explore these costs to help you plan your budget better.
Factors That Affect New Boiler Cost
There are several factors that affect the boiler cost:
- Home Size: Bigger homes need bigger boilers, which cost more.
- Boiler Type: Choosing a boiler type like combi, system or heat-only also makes a difference. A combi boiler might cost less than a system boiler, but it depends on your home heating requirements.
- Boiler Brand: Well-known boiler brands often come at a higher price but may offer better quality in addition to aftersale services.
- Boiler Installation Cost: It can also vary based on the complexity of the installation. If you live in a remote area, transporting a boiler may add extra costs.
Types of Boilers and Their Current Price in 2024
Regular/Heat-Only Boiler Cost
Regular boilers are only suitable for homes having old heating systems that require a separate hot water tank. Usually, it is only for large homes which have enough space and a large demand of hot water. At present, the cost of a new regular boiler ranges from £600 to £1,500.
- Gas Regular Boilers: Heat-only boilers that run on gas are relatively inexpensive with a starting price of £650.
- Electric Regular Boilers: Price of electric heat-only boilers vary between £1,000 and £2,500.
- Oil Regular Boilers: Their price can be anywhere between £1,200 and £3,000.
- LPG Regular Boilers: A new regular LPG boiler costs similar to the gas boiler with a slight variation in price range from £700 to £2,000.
- Biomass Regular Boilers: Regular boilers that run on biomass are the most expensive type, ranging from £3,000 to £6,000.
System Boiler Cost
System boilers are ideal for medium-sized homes with more than one bathroom and between 5 to 10 households. They include a hot water tank, which requires some extra space. The new price of a system boiler is between £800 and £2,000.
- Gas System Boilers: Costs approximately in the range of £800 to £1,500.
- Electric System Boilers: A new electric boiler costs between £1,000 to £2,500.
- Oil System Boilers: They are expensive as usual, ranging from £1,500 to £3,500.
- LPG System Boilers: They have about the same cost range as the electric system boilers have, i.e, ranging from £1,000 to £2,500.
- Biomass System Boilers: Such boilers are quite expensive with the price ranges of £4,000 to £8,000.
Combi Boiler Cost
Combi boilers are the most popular type of boilers in the UK because of their small space requirement and high efficiency. They are mostly installed in small-sized homes. As per the new pricing list, the cost of a new combi boiler ranges from £700 to £2,500 in 2024.
- Gas Combi Boilers: They are the least expensive, as the prices are from £700.
- Electric Combi Boilers: On the other hand, these types of boilers cost a bit more and fall in the range of £1,200 to £3,000.
- Oil Combi Boilers: Their costs vary from £1,500 to £3,600.
- LPG Combi Boilers: Typical price ranges from 1000 to 2500 Pounds.
- Biomass Combi Boilers: As the most costly alternative, biomass boilers retail from £5,000 to £9,000.
Boiler Type | Source | Average Price Range | Installation Cost Range |
Regular Boiler | Gas | £650 – £1,200 | £600 – £1,200 |
Oil | £1,200 – £2,000 | £600 – £1,200 | |
Electric | £800 – £1,500 | £600 – £1,200 | |
Biomass | £2,000 – £5,000 | £600 – £1,200 | |
System Boiler | Gas | £800 – £1,800 | £600 – £1,200 |
Oil | £1,400 – £2,500 | £600 – £1,200 | |
Electric | £1,000 – £2,000 | £600 – £1,200 | |
Biomass | £3,000 – £6,000 | £600 – £1,200 | |
Combi Boiler | Gas | £1,200 – £2,500 | £600 – £1,200 |
Oil | £1,500 – £3,000 | £600 – £1,200 | |
Electric | £1,000 – £2,500 | £600 – £1,200 | |
Biomass | £3,000 – £7,000 | £600 – £1,200 |
New Boiler Installation Cost in 2024
Heat Exchanger Replacement Cost – It can be expensive to have a new boiler as installation price varies from in expensive ages of thousands. In 2024, this is normally between and about one thousand five hundred pounds or thereabouts.
If it is only changing an old unit for a new one, the cost would be about five hundred pounds or, even less. However, if a section of the piping has to be replaced or an existing back boiler is fitted, the cost may well exceed one thousand five hundred pounds.
The installation cost will be influenced by others, like the particular type of boiler you shall decide on. For instance, installation of a biomass boiler involves more intricate arrangements that can cost even £3,000.
Secure your new boiler grant
If you or any of your household is on benefits, you may be eligible for free boiler replacement scheme.
Top 5 Boiler Brands Used in UK Homes and Their Cost Ranges
When it comes to selecting a new boiler system in the year 2024, several homeowners in the UK take into account the brand reliability. The brand selected may affect the initial price and the future operating effectiveness of the boiler. Below is a list of the top 5 boiler brands that are mostly found in UK households and their respective costing brackets.
Worcester Bosch
Worcester Bosch has built a reputation as one of the most reliable boilers. It’s a well-established brand in the United Kingdom, and costs between £900 and £2,500.
Their combi boilers have a starting price of £900 while bigger ones can go to £2500. It is often reviewed as long-lasting boilers by their customers. However, they tend to cost more than average.
Vaillant
This brand is quite common to uk owners of houses as well as other parts of Europe. It is noted for making energy-related devices, which include boilers that are less harmful to the environment. In 2024, a customer will incur approximately £800-£2400 for a new Vaillant boiler.
The brand manufactures combi, regular and system boilers. The entry level models for combi designs are priced around £800 but advanced units such as their system boiler range can go for £2400. If you are looking for value for money, then Vaillant boilers are ideal.
Ideal Boilers
Ideal Boilers are a more affordable option for many UK households. They operate efficiently with lower cost. The cost of a new Ideal boiler ranges from £700 to £2,200. Their basic combi boilers start at around £700, making them an economical choice. System and regular boilers from Ideal can go up to £2,200. Ideal Boilers are suitable for those looking for a reliable yet budget-friendly option.
Baxi
When you want to install a new heating system or replace an old one, it is a reliable British brand – Baxi – which has already proven itself in manufacturing and supplying high, reliable, and spare parts efficient boilers. Baxi boiler is made of durable raw material ensures its long life which makes it a good investment in the long run.
In 2024, it is estimated that a Baxi boiler will cost anything between £800 and £2,300. Baxi’s combination boilers start in the region of £800 while system boiler range can go as high as £2300. Baxi even gives good after sales service hence it is often recommended to such homeowners who care for service.
Glow-worm
Any household would have to face the need of buying a boiler at some point, and as far as temporary water heating devices are concerned, Glow-Worm has established itself as a reliable manufacturer of quality affordable combi boiler systems. It is a client’s great ally in times of austere capital budgets.
It costs anywhere between £600 to £1,800 for one of the Glow-worm’s boiler units. Their beginner combi boilers are pretty affordable, with the suggested selling price starting from only £600. Intermediate class appliances like their system boilers can go for as much as £1,800. Heat units from the Glow-worm brand can be used for better performance efficiency even at budget prices which is appropriate for little sized houses.
Boiler Brand | Price Range (Combi) | Price Range (System) | Price Range (Regular) |
Worcester Bosch | £900 – £2,500 | £1,200 – £2,500 | £1,000 – £2,200 |
Vaillant | £800 – £2,400 | £1,000 – £2,400 | £900 – £2,000 |
Ideal Boilers | £700 – £2,200 | £900 – £2,200 | £800 – £2,000 |
Baxi | £800 – £2,300 | £1,000 – £2,300 | £900 – £2,100 |
Glow-worm | £600 – £1,800 | £800 – £1,800 | £700 – £1,600 |
Average Boiler Running Cost
When it comes to a new boiler, there is also the expense of heating fuel. The exterior maintenance cost is however also relative to what kind of fuel you choose to use. The gas ones are the least expensive to use at an average of £800 in a year. It however comes fully stocked with electricity that will cost the wearer between $1200 and $1600 in a year.
Oil–fueled heating systems are the least expensive with an estimated $1,000 to $1,400 cost for running. The costs of running LPG and oil boilers are roughly $1,000–$1,500 per annum. Biomass has an interesting trait and has an intermediate fuel in about 200 dollar per ton price range. Depending on how much you need for heating, the consumption can be from three up to six tons per annum.
Boiler Type | Gas Cost | Electric Cost | Oil Cost | LPG Cost |
Regular | £800 | £1,200-£1,600 | £1,000-£1,400 | £1,000-£1,500 |
System | £800 | £1,200-£1,600 | £1,000-£1,400 | £1,000-£1,500 |
Combi | £800 | £1,200-£1,600 | £1,000-£1,400 | £1,000-£1,500 |
Boiler Type | Biomass Fuel Cost per Tonne |
Regular Boiler | £200 |
System Boiler | £200 |
Combi Boiler | £200 |
Additional Costs with the New Boiler
Sometimes new boilers require additional components to increase home efficiency. A magnetic filter might cost you £100-£200. It keeps dirt out of the heating system, which is its intended use. The price range for a smart thermostat is £150–£300. It facilitates remote heating control. It will also be necessary to purchase new radiators, which typically cost £100 each. The price to convert a boiler will vary.
Gas to electric boiler switch might take between £2,000 and £3,500. While converting a system boiler to combi boiler may cost between £1,500 and £2,500. The cost to convert an outdated boiler to a condensing boiler might reach £3,000, including installation cost. Moving a new boiler to a far-off place sometimes results in additional expenses between £50 and £150.
Available Grants for New Boilers
Grants are a great source for new boiler funding as they help lessen the overall expense. Several programs such as the ECO4 and BUS are provided by the British government. The new boiler grant aims at enabling low-income families to buy energy-efficient boilers.
Secure your ECO4 grant
If you or any of your household is on benefits, you may be eligible for free boiler replacement.
Another alternative is the Boiler Upgrade Scheme, which is offered for low carbon heating systems. You must be careful to ascertain that you meet the requirements before making the application. Grants are very important since they help reduce how much cost one incurs when building or renovating a house.
Conclusion
Purchasing and installing a new boiler in 2024 for instance may require quite a huge sum of money. Prices differ depending on the style of the boiler, the cost of fitting it and any additional features. Knowing how much you expect these costs to be will assist you in selecting the most appropriate boiler for your budget and needs. Also, considering available grants can spare some expenditures. Ideally, you can warm your house at an affordable cost with a good arrangement.
Frequently Asked Questions
Yes! ECO4 grants will run till 31st March, 2026. You can replace your boiler any time before this date. However, it is not certain that the grant application will extend the 2026 deadline.
New boilers are expensive for high inflation in addition to factors that contribute to the boiler installation cost. However, some cheap models are also available for those having limited budgets. Also, eligible homeowners and private tenants can get it installed for free under the ECO4 scheme.
The average lifespan of boilers is 15 to 20 years. However, it doesn’t mean every boiler lasts for this much time. Some can last for less than 10 years, while few can also exceed 20 years.
The next generation heating technology is heat pumps or hybrid heating systems.
