At first glance, the idea of installing an oil boiler probably seems ridiculous. After all, today’s gas-powered combi-boilers are incredibly compact and energy efficient, whilst the replacement parts for oil heaters can be relatively hard to source. However, an estimated four million households in the UK are not currently connected to the gas grid, which means that they’re required to rely on alternative fuel sources such as electricity or oil for heating.
In this instance, you may consider installing an oil boiler in order to minimise the cost of heating your property. If this is the case, here are some things to keep in mind before you press ahead with any installation:
1. How Much Does an Oil Boiler Cost?
In general terms, the cost of purchasing and installing an oil boiler can cost anywhere between £1,133 and £3,700. The exact cost will depend on several variable model factors, including its model, type and size.
If you own a three-bedroom, off-grid home, for example, you’ll need to invest in a full central heating system with an oil-fired boiler. This can cost up to £6,000, which includes the installation of radiators and the accompanying pipework.
Now, whilst larger oil boilers will set you back a little more, these units tend to have additional capacity that enable you to store larger amounts of fuel. This means that you can buy oil from suppliers in bulk, which can translate into significant financial savings over time.
2. How Much Does it Cost to Run an Oil Boiler?
This brings us neatly on the cost of running an oil boiler, which is actually amongst the cheapest options for heating a residential property.
In fact, whilst gas remains the most cost-effective fuel type at a price of just 4.5 pence per kWh, oil is the second cheapest option at 6 pence per kWh.
It’s certainly cheaper than electricity-powered heating systems, which typically set home-owners back as much as 9 pence per kWh consumed at night (and a whopping 16 pence per kWh during day-time hours).
So, if you do live off-grid and are looking for a viable fuel source, oil offers clear cost and efficiency advantages.
3. What Types of Oil Boiler Exist?
Interestingly, oil boilers are also designed and sold in various forms, including combi, conventional and system units.
You can also have a modern oil condensing boiler installed, with this type of unit helping to recycle waste flue gases and increase operational efficiency over time.
If you opt for an oil combi boiler, you should not that this unit will come with its own hot water storage tank built-in. This can be a huge space-saver, which is ideal for small properties located off the grid.
Choosing the right type of oil boiler is extremely important, so be sure to research the market before making an informed selection!
The Importance of Consulting with Experts
You should also consider consulting with plumbing and heating experts, whether you need more information about oil boilers or are looking to book an installation.
If you live in Kent, Tunbridge Wells or the surrounding areas, you might want to get in touch with PCP Building and Restoration Ltd. We’re ready and waiting to take your call on 01342 895399 or 07983 959669.
We have more than 40 years’ experience of installing and maintaining all types of boiler, and we’re happy to share this expertise with you whenever you need it!