Then you are in luck, the government is currently offering full grants to private tenants and homeowners who receive tax credits or other qualifying benefits, such as ESA and JSA. Also, if you are of a certain age, or caring for a child under 16, you may also qualify for a free boiler.
These grants through Affordable Warmth Scheme can cover the full cost of purchase and you will not need to pay anything back. Moreover, if your boiler is faulty or broken, it may also be fixed free of charge under the same grant. There are no complicated terms and conditions, as long as you qualify for one of the above.
New boilers for landlords may still be subsidised even if you don’t qualify for any of the above. The Energy Company Obligation also helps landlords make energy-saving improvements to their properties. By using their approved installers, you can receive a free quote and survey.
Why Are They Providing Free Boilers For Landlords?
The reasoning behind the new boilers initiative is the harmful effects old boilers are having on our environment. They are far more efficient and lessen the overall carbon footprint massively. So the government has stepped up to help even lower-income households maintain an ecologically sound existence.
Moreover, the amount of funding you could receive is determined by your homes current efficiency. Assessments are also covered free of charge if you use approved professionals. The funding itself comes from the Green Tax already built into our bills.
Am I Eligible for a Free Boiler?
If you are a private tenant, you may only gain a grant after verbal permission from your landlord. However, if you are living in council housing or housing associations, you must own at least 50% of the property for any assistance.
For your boiler to qualify it must meet at least one of the following:
- Be less than 86% efficient, which equates to a rating of C to G.
- Have faults with the pressure, pilot light, heating/water, or unwanted noise
- Be over 5 years old in properties with mains gas
Check the PCDB Database for further clarification on your specific boiler.
What If I Don’t Qualify?
If you still feel you are in need of a new boiler, you can get an A-rated condensing boiler for £20 a month. They come with a variety of payment plans to suit different needs.
Otherwise, the average new boiler will set you back £1,500 to £2,500. But if your current boiler is inefficient, the savings you can make by replacing it could be up to £300 per year. This certainly adds up over the years, especially through our cold winters. To further your understanding of inefficiency, for every £1 spent on heating, an old boiler could be wasting 35p. Newer condensing boilers may only lose 10p on the pound.
Another option to consider is a new Flow boiler, but it will cost around three times the price of a normal boiler. It produces and stores electricity via a small generator built alongside. They are best suited to larger houses with at least 3 bedrooms.
Though this is a more expensive option, your energy bills can be vastly reduced. The payments will stop after a few years, then it will turn into profitable electricity that you can either use or sell back to the grid. This may well raise the value of your property since many new buyers/tenants will be keen to save on bills and reduce their carbon footprint.
Choosing a New Boiler
To choose the right boiler for your needs, you must consider the size of your home, the reliability you expect and the carbon footprint you will leave. The most cost-effective boilers are newly fitted condensing boilers.
If you are considering taking out a servicing contract on your boiler, it is not recommended if it is more than C-rated efficient. Otherwise, it would be far more economic to pay a maintenance bill each time it is fixed, usually around £180. By having a newer, more efficient boiler, you should have fewer repairs to pay for and lower bills overall.
If you’re considering renting a boiler, beware of high costs, long contracts and the high interest rates some companies offer. You may be better off taking out a service contract on one of the latest boilers in some cases.
There are a number of options are out there for both landlords and tenants. Always consult the help of gas-certified tradesmen when replacing or repairing a boiler. Remember, your boiler is essential for keeping your home heated, your carbon footprint lower, and bills more manageable.