Upgrading a gas boiler boiler to an A-rated model could save householders as much as £508 per year in energy costs – that’s according to new research from Fair Fix, a fixed fee heating engineer business that operates in London and within the M25.
The company analysed the current average annual cost saving of swapping to an A-rated boiler from each boiler rating from D to G and how this cost saving differs by property type. The research shows that switching to an A-rated boiler from an old G-rated boiler will see customers save £508 on average, but that could climb as high as £840 for those in a detached home.
Upgrading from an old F-rated boiler will save you an average of £355, or £590 for those in the largest homes, but even upgrading from a D or E-rated boiler can save as much as £260-£299 per year on energy bills.
According to Fair Fix the average cost of purchasing and installing an A-rated boiler is currently £2250, but the above analysis suggests that this cost could be recouped in as little as three years.
Founder of Fair Fix, Tyrone Ekrem, commentes: “When it comes to our boilers, the majority of us are happy as long as they are working and we rarely consider how old it is, what rating it holds and how much more it could be costing us each year. But as our research shows, you can significantly reduce your annual energy bills by upgrading to an A-rated boiler as they are far more economic.
“Regardless of what rated boiler you have, upgrading is a long term investment that will pay for itself, and then some, over the time living in a property.”
