The financial benefits of installing a new boiler

If you're considering installing a new boiler, you're probably curious about the financial benefits it can bring. At Padly, we understand the importance of maximising both comfort and savings in your home. While the upfront cost of a new boiler may seem daunting, the long-term financial gains can be significant.

In this blog, our experts delve into the facts about the financial benefits of upgrading to a new boiler.

Financial benefits of a new boiler

Installing a new boiler can lead to substantial financial savings over time, beyond just having reliable hot water and efficient heating. Modern boilers offer higher energy efficiency, potentially reducing your heating bills and carbon footprint. Plus, most new boilers integrate with smart thermostats and technology, further optimising energy usage and saving you money in the process.

Annual savings offered by a new boiler

The amount you can save annually by upgrading to a new boiler depends on the efficiency rating of your current boiler, as well as the size and type of your property. Below, our experts have provided a breakdown based on different boiler efficiency grades:

Grade G boiler (under 70% efficiency): Savings ranging from £340 to £380 for a detached house, £220 to £260 for a semi-detached house, £170 to £210 for a detached bungalow, £180 to £210 for a mid-terrace house and £80 to £110 for a mid-floor apartment.

Grade F boiler (70% to 74% efficiency): Savings ranging from £230 to £270 for a detached house, £150 to £190 for a semi-detached house, £120 to £150 for a detached bungalow, £130 to £160 for a mid-terrace house and £50 to £80 for a mid-floor apartment.

Grade E boiler (74% to 78% efficiency): Savings ranging from £180 to £220 for a detached house, £130 to £170 for a semi-detached house, £100 to £140 for a detached bungalow, £110 to £150 for a mid-terrace house and £50 to £70 for a mid-floor apartment.

Grade D boiler (78% to 82% efficiency): Savings ranging from £140 to £180 for a detached house, £110 to £150 for a semi detached house, £90 to £120 for a detached bungalow, £100 to £130 for a mid-terrace house and £40 to £60 for a mid-floor apartment.

Choosing the right boiler

Selecting the right boiler involves considering factors such as energy efficiency, property size and heating requirements. Here at Padly, we have an extensive range of boiler brands, types and models to choose from so we're confident that you will be able to find the perfect match for your home and budget. If you're considering a new boiler but are unsure where to start, we recommend browsing our boiler catalogue or checking out our comprehensive Padly guides which cover useful topics such as, the best boiler brands in 2024 and a 2024 new boiler cost guide.

Padly boiler finance

To make the investment in a new boiler more manageable, have you considered exploring options for spreading the cost? At Padly, we offer affordable and convenient boiler finance options that allow you to spread the cost over time and give you peace of mind. To find out more, browse our finance plans or take a look at our boiler finance breakdown blog.

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Upgrading to a new boiler isn't just about improving comfort—it's also a sound financial decision with long-term benefits. By investing in a modern, energy-efficient boiler, you can enjoy significant savings on your heating bills while reducing your environmental impact.

At Padly, we're committed to helping homeowners navigate the process of boiler installations and maximising their financial savings. Get a personalised online quote today to explore your options and start saving money with a new boiler.