If you need a new boiler in emergency circumstances, or you've been pre-warned that yours is on the way out, replacing it can be a large expense.
If you’ve got the funds, you can buy a new boiler outright.
Many companies offer finance plans so you can pay for your boiler over a set time. Make sure you account for any interest you might have to pay on top of the cost of the boiler.
When you’ve chosen how you’d like to pay for your boiler, check to see what kind of warranties are available. Many boilers that are fitted by a registered engineer come with warranties between five to 10 years.
Free or heavily subsidised boilers are available to low income families through schemes, for instance, the government’s Energy Company Obligation (ECO) Scheme.
Your boiler must be at least five years old and you’ll need to provide some details to check whether you’re eligible.
A boiler from a scheme is likely to be more energy efficient than the one you currently have, so you’ll likely have cheaper energy bills too.
These are available if you’re on Pension Credit. The boilers offered under this scheme are all rated A for energy efficiency which means you’d likely benefit from reduced energy costs.
If you're interested in a green alternative to a standard gas boiler, homeowners in England can apply for the Green Homes Grant to help pay for a ground-source heat pump, air-source heat pump, biomass boiler or solar water heating.
Homeowners apply for a voucher to pay two thirds of the cost of installation, with a maximum voucher value of £5,000. Those on low incomes or certain benefits can cover the total cost of improvements, up to £10,000.
That might sound generous, but be warned - these alternatives to your standard gas boiler can be very costly indeed, so make sure you get some quotes and an idea of costs before you apply.
You'll need to redeem the voucher and have the work scheduled for completion by March 2021.
There are three main types of boiler:
The easiest way to get a good deal on a new boiler is to compare installation quotes. Account for the labour fees, the cost of the boiler and the warranty you’re offered.
However, don’t rely on online prices. Quotes given online will generally just be estimates as an engineer will need to come and assess your current set up and what’s required for your home. It could be worth looking for boiler suppliers that offer free, no obligation survey appointments to get more accurate quotes.
Make sure your installation quote includes:
Some engineers are given incentives to install boilers from certain brands, so weigh up their recommendations against your own research into different boiler suppliers.
Check the engineer you choose is Gas Safe registered. And make sure they conduct a heating survey of your home, to learn about your hot water and heating needs. It shouldn’t be a quick conversation.