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Old 13-05-2008, 11:22   #46
Neil
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Re: gas/leccy survey

Quote:
Originally Posted by [email protected] View Post
Jaysay has very similar, if not identical, accommodation.
He has experience of 2 heating systems, whereas I have had 3, and he has noted large savings.
I don't class his £180 a year as a large saving. I bet it cost Hyndburn Homes between £2000 and £3000 to remove the old hot air system and install a new condensing boiler and 4 or 5 radiators into his flat. That gives a payback on gas alone of at least 10 years ( even taking into account gas price increases of 50% over the 10 years). I suspect his nice new condensing boiler could well be at the end of its life in 10 years and need replacing with a new one.

It is a good saving for him not having to pay for the installation yes. Do you thing it would be worth it if it was your £2000 or £3000 for the installation?

I would be looking for an energy payback of 3 to 5 years if I was going to spend £3000 on a new system. I looked into it when I thought about replacing my ancient back boiler and decided it was a bad idea to install a condensing boiler at the time as I would not see a payback for many years, if ever.
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