Why Now Is The Perfect Time To Invest In A New Boiler
Boilers play a crucial role in our households, providing the warmth and comfort needed during the colder months. However, many homeowners overlook the importance of upgrading their boilers.
Like many countries, Canada has recognized the urgent need to reduce greenhouse gas emissions and combat climate change. One of the largest contributors to carbon emissions is home heating, making it a crucial area to improve.
Investing in a new boiler that operates with higher energy efficiency not only eliminates the safety risk of an old boiler, but can significantly reduce your carbon footprint. Not only this, but modern boilers will save you a significant amount of money on energy bills.
In this article, we’ll look at the many reasons why upgrading your boiler is not only important for the environment, but why now is the perfect time to invest in the future of your home heating.
Why Invest in a New Boiler?
Boilers are like the beating heart of any home, they keep us warm and provide us with hot water whenever we need it. Much like a real heart though, we need to take good care of our boilers and make sure they are working properly so that we can rely on them for years to come.
As a boiler ages it starts to significantly lose efficiency. Older boilers, that are 10-20+ years old, can be as low as 60% efficient or less. That means, for every unit of energy you spend on heating, up to 40% of it is being wasted.
Over time this leads to high bills, for little output. Modern boilers now run on efficiency levels as high as 92%, so almost every penny you spend is seen in heat output. This isn’t the only reason to invest in a boiler replacement though.
Benefits of Installing a New Boiler
There are many other benefits to investing in a new boiler replacement. Here are some of the main points to take into account:
As mentioned, the efficiency level of your boiler is key to cost effective heating. The good news is that modern boilers, developed in recent years, now use condensing technology.
This technology means that more waste gases are being recycled within the system to retain as much heat as possible, reducing the waste. This is why modern boiler models have efficiency levels around 92% (or more in some cases).
By upgrading a furnace or boiler that is around 60% efficient, the average home in Canada can save approximately 1.5 tonnes of carbon dioxide emissions per year.
Whilst upgrading your boiler might seem like a substantial upfront cost, the return in savings is worth considering. The less fuel your boiler consumes, the less you will pay on bills, leading to huge savings year on year.
In addition, modern boilers usually come with more advanced features. For example, smart thermostats that allow you to better control how your heating operates per room. It can also give you the ability to program your heating more precisely than ever before – and in some cases, even adjust your heating remotely!
3. Improved Performance and Reliability
Older boilers tend to experience declining performance and may require frequent, costly repairs. With a newer model, however, you can have peace of mind that they will run reliably for a longer period. This can often be assured by lengthy manufacturer warranties, which for some brands can extend up to 15 years.
As they are equipped with more advanced technology and improved materials, their lifespan is increased and the likelihood of breakdowns is reduced.
4. Enhanced Safety
Safety is a crucial consideration when it comes to boilers. Older models may pose a higher risk of carbon monoxide leaks, which can be life-threatening. New boilers are designed with advanced safety features and undergo rigorous testing to meet the latest safety standards.
By investing in a new boiler, you can have peace of mind knowing that you have a reliable and safe heating system in your home.
5. Increased Property Value
Upgrading your boiler is an investment in your property. When it comes to selling your home, having a new, energy-efficient boiler can be an attractive selling point for potential buyers.
Energy efficiency and the presence of modern heating systems are often sought after, and they can enhance the overall value and marketability of your property.
How Much Does a New Boiler Cost?
To better understand new boiler costs, there are a variety of factors to consider. The type, size, brand, and model of a boiler can alter its price, and installation will be charged in addition.
If you were to look for a combi boiler’s best price, you would need to factor in the price for the unit and the installation. On average the starting costs for a combi boiler are $8,000 and for a traditional boiler, around $10,000.
Prices can also fluctuate depending on the complexity of your upgrade and your location. For example, in the Vancouver area, you might find starting costs as much as $20,000.
Get the Best Price For Boiler Installation
Investing in a new boiler can be a daunting task, but making sure you choose the right installer can give you the greatest peace of mind.
It is important that you seek out professional, qualified installers to provide you with expert advice. They can assess the needs of the home, recommend the most suitable boiler type and size, and ensure proper installation and compliance with safety regulations.
To get the very best price possible, it’s recommended that you find and compare quotes from several installers. This gives you the best chance to see what each of them has to offer and choose the best deal for you.
Featured Image: FreepikRead more investing news on PressReach.com.Subscribe to the PressReach RSS feeds:
- Featured News RSS feed
- Investing News RSS feed
- Daily Press Releases RSS feed
- Trading Tips RSS feed
- Investing Videos RSS feed