About two million UK homes are not hooked up to the gas grid. So, oil boilers provide a convenient solution for homes where natural gas is not an option. However, it can be expensive to install new oil boilers. For example, the price of replacement oil boilers could range from £2,000 to £5,500. Nevertheless, the investment may be worth it as modern oil boilers can lower your annual energy expenses by 50% and improve your comfort at home.
Here is all that you need to know about new boiler costs, reliable boiler brands and types, oil vs. gas boilers, and the extra costs involved in installing oil boilers.
New Oil Boiler Prices With Installation
A brand-new oil boiler may cost you about £1,000 to £3,000. However, the actual new boiler cost may vary with respect to the flue, size of your property, as well as the need for extensions and elbows.
To get better deals, you may want to research the boiler market and compare prices from different brands before you make your purchase decision. For example, while a Worcester Greenstar 32/50 boiler could cost you £2,200, a Worcester Greenstar Danesmoor 12/18 external regular oil boiler could be priced at £1,790.
Compare Oil Boiler Costs UK
Oil boilers come in different types such as regular unit, combi, and system boilers. Each type of oil boiler has its own advantages and downsides, and as a result, different boilers may suit different types of properties. Always compare different manufacturers and installers to ensure that you get the best price on any oil boiler.
Oil Combi Boiler Prices
This a cost-effective heating system that provides central heating. Apart from the oil storage unit, combi oil boilers don’t require additional tanks or cylinders to function. As a result, they save you space. Although this design makes combi boilers suitable for small and medium homes, they may not live up to their expectations if there is a high demand for hot water in properties with multiple bathrooms.
Property owners with over two bathrooms may want to install regular boilers instead, as they have storage cylinders for hot water. You can choose combi boilers in the range of 18kW, 25kW, and 32kW ratings.
Oil System Boiler Prices
These types of boilers directly heat your central heating system and collect hot water in a cylinder. All you have to do is turn on the tap and shower, and you can get preheated water from the hot water cylinder.
Oil system boilers receive their water supply from the mains, and thereby eliminate the need for cold water tanks, which is a characteristic of regular boilers.
Oil Regular Boiler Prices
These are the oldest boiler types you can find today, mainly in traditional properties. Instead of drawing water from the mains in a way similar to combi and system boilers, regular boilers derive their water from a cold water tank in the loft. This way, regular oil boilers heat the central heating system as they store domestic water in cylinders.
Experts recommend that you consider reinstalling regular oil boilers if your current heating system has a standard boiler. This idea is termed as the “like-for-like boiler swap”. Although they may occupy a lot of space, regular boilers are excellent for homes with high water demands.
What Are the Top Oil Boiler Brands?
For many years, two major brands, namely Worcester Bosch and Grant have been dominating the oil boiler market. Worcester Bosch manufactures a wide variety of oil boilers for different purposes, including commercial and residential applications. Popular models from Worcester include the Greenstar and Danesmoor boilers.
Grant is also a cool boiler alternative for property owners. Their solid reputation in the boiler industry makes them as good as Worcester. Do you want a high-quality boiler at an affordable price backed by a 10-year warranty? The Grant Vortex boiler may just be your best bet. Other equally good boiler brands are Firebird Envirogreen, Warmflow Utility, and Mistral Combi.
Worcester Bosch Oil Boiler Prices
|Make||Model||Output (kW/H)||Boiler Price|
|Worcester Bosch||Greenstar Danesmoor||12/18||£1,695|
|Worcester Bosch||Greenstar Danesmoor||18/25||£1,774|
|Worcester Bosch||Greenstar Danesmoor||25/32||£2,196|
|Worcester Bosch||Greenstar Heat Slave||25/32||£2,819|
|Worcester Bosch||Greenstar Heat Slave||18/25||£2,710|
|Worcester Bosch||Greenstar Heat Slave||12/18||£2,615|
How Does an Oil Boiler Work?
Many oil boilers draw up fuel from a tank that’s stored somewhere outside a home. The boiler sprays fuel oil over the top of an igniter, producing flames in a combustion chamber. The flame produced from the combustion process heats the combustion chamber that’s situated below a water tank. Pumped water from the house can then flow through the tank and get heated; then be pumped back to other areas in the home that need hot water. The heated water also distributes heat energy through the building when it’s pumped away from the hot water tank.
Oil Boiler vs Gas Boilers: Which One to Choose
If you thought that oil boilers are not common sources of heat in modern homes, think again. They are increasingly being used in remote homes where natural gas is not available. Oil boilers can effectively heat your home when you need them the most.
Generally, gas boilers are easier to maintain, and they are not as expensive as oil boilers. Perhaps the primary advantage of a gas boiler is that it’s cheaper to install and operate. If you are a homeowner with access to a gas grid, installing a gas boiler is undoubtedly an economical option for you.
A standard gas boiler is two to three times less expensive than oil boilers. Having said that, some high-efficiency gas boilers are as costly as the oil ones. In financial contexts, gas is the most cost-effective fuel option on the market. On average, the UK household spends £550 per year on gas systems. The oil comes next and powers domestic heating systems at the cost of £700 per year.
The installation of an oil boiler requires you to add a storage tank for the fuel, meaning that you will have to find a large space in your home if you want to install a bigger tank to contain more fuel.
In terms of efficiency, gas and oil boilers share similar results. However, while gas boilers may be more efficient in some respects, modern oil boilers also perform optimally when installed appropriately. It may also help reduce waste and carbon emissions in your home.
Why You May Need A Replacement Oil Boiler
With time, your boiler can decrease in efficiency, reliability and overall performance. When that happens, you may want to get a replacement boiler. Are you unsure about when to change your boiler? Here are a few tips to help you out.
Consider investing in a replacement boiler when your current oil boiler:
- Is older than 10 years
- Is less efficient and increases your energy bills
- Makes unusual noise consistently
- Constantly breaks down
- Does not have reliable spare parts on the market and gives engineers a tough time finding replacements.
How Much Does a New Oil Boiler Installation Cost
It can be expensive to install a new oil boiler in your home. While some boilers have self-venting units, others require a flue to remove the by-products of combustion. As a result, engineers may have to run a long pipe through your home. They will also need to install a fuel tank on a portion of your surrounding land before they connect a line from the fuel tank to the boiler. These series of engineering procedures will eventually add up to the overall cost of your boiler installation.
All in all, buying and installing a new oil boiler could cost you around £2,500 to £4,500. As if that’s not enough, you will typically buy about 150 gallons of fuel oil as part of your initial investments. Oil boiler installation costs can vary from manufacturer to manufacturer. So, you may want to browse through multiple quotes to get competitive offers.
Overall, property owners can expect to pay about £500 to £2,000 for the costs of labour and installation of a brand-new oil boiler, with the exact total costs varying with respect to many other factors.
Moving Your Oil Boiler to A Different Location
When you are researching the boiler market, you may realise that different manufacturers have different models for both external and internal installations. So, when your existing boiler gets in the way, you may want to opt for an external boiler. For interior boiler installation, homeowners are not limited to fitting them in their kitchen or utility rooms.
You can also install your boiler in a loft, your garage or maybe your bedroom. Whatever the case may be, moving your boiler to a different location will increase the workload of engineers as well as the installation costs and the time it takes them to finish up the project.
New Oil Boiler Running Costs
Because boiler oil has to be stored safely in a tank, you may want to purchase your fuel in bulk. Since 2016, the cost of oil per litre has been on the increase, and it peaked in 2018. Surprisingly, amidst the coronavirus pandemic, 2020 saw oil prices fall to 36p per litre, similar to that of 2016.
Assuming you use a 24kW oil boiler in your home for one hour, that translates to 24kWh of energy consumed. When the average cost of oil is 4.81p/kWh, your boiler running cost will be about £1.15 per hour. Hopefully, with the detailed information, you can estimate the costs of new boiler installations.
Comparing Oil Boilers & Gas Boilers
Here at New Boiler Costs, we like to compare all the best manufacturers, so if you’re looking for a certain make or model or just browsing, check out our other pages for Viessmann, Worcester Bosch, Baxi, Ideal, Vokera, Vaillant, Alpha, Potterton & more. You can always click get a quote to get recommended combi boilers, system boilers and regular boilers suited to your home. We can even find you prices for electric boilers