How Important is it to Invest in a New Boiler?

It’s not easy being a homeowner as the cost of running a home is getting more expensive.

Many people are looking for ways to reduce their monthly outgoings and annual payments, but there’s one thing that may make a huge difference: a new boiler.

Many homeowners are often confused about the range of boilers on the market, not to mention the high cost of installing a new one. Therefore, it’s easy for homeowners to delay, or avoid searching for a replacement. However, it’s one of the most important, and cost-cutting investments you can make. So, in what ways does a new boiler benefit you?

A new boiler can lower annual energy costs

With the cost of energy increasing each year, older boilers are becoming detrimental to your energy bills. Older boilers require more maintenance and generally consume more energy than newer models. Sometimes switching to a different type of boiler can save you money, depending on the size of your house and how many occupants there are. Overall, newer boilers use less energy to heat your home.

Increase the value of your home

In today’s market, hot properties are those with a high EPC (Energy Performance Certificate) rating. This rating demonstrates how energy efficient your home is by taking into account various factors, such as what appliances you use, lighting systems, and how insulated your walls, windows, and roof are.

A new boiler helps to increase this rating and gives confidence to buyers knowing that the boiler won’t need upgrading. Research by GoCompare stated that a new boiler can increase the value of your home by up to £8000. This gives you a great return on your investments as boiler installation costs are much lower than this.