The question of determining running costs for any boiler system depends on various factors. This includes not only influenced by the type of boiler system but also how it is used within the household.
Energy Efficiency
Combi-boilers are a popular option for households as they are designed to be highly efficient, often with energy ratings of 90% or higher. Their unique system means they convert most of the fuel they use into heat, reducing energy wastage, providing hot water and heating using less fuel and lowering energy bills.
Most combi boilers are condensing boilers, which recycle heat from exhaust gases, improving efficiency further.
Usage Patterns
A combi-boiler can be cheaper to run if your household has low to moderate hot water demands. Since it heats water on demand, there’s no energy wasted keeping a tank of water hot. However, in larger homes with multiple bathrooms or high simultaneous hot water usage, a combi boiler may struggle to keep up with the demand, and running costs could increase. Usage patterns are one of the most important factors to consider when exploring the idea of a boiler conversion.
No Need for Storage
Due to there being no need for a hot water tank or cold-water storage cistern, a combi boiler avoids the heat losses associated with stored water in other boiler systems. This can take longer to reheat the water and use more energy, costing you more on your energy bills.
Type of Fuel
The type of fuel your boiler uses—gas, oil, or electricity—also plays a significant role in running costs. Gas-fired combi boilers are generally cheaper to run than electric boilers, given the lower cost of gas per unit of energy.