Gas Vrs Electric combi boilers :which is cheaper to run ??

A question about : Gas Vrs Electric combi boilers :which is cheaper to run ??

HI everyone im about to have a new boiler fited in my house ,as gas prices are rising im considering having an electric boiler .however which boiler would be cheaper to run gas or electric ? and by how much ?
If anyone can help me i would appreciate it
Thanks Dean Patel

Best answers:

• What do you mean by boiler? A hot water tank?
  Gas is a much cheaper fuel to heat hot water - unless you have Economy 7 Electricity - but it is probably not worth getting Economy 7 if you heat your house with gas.
• by boiler i mean a combination boiler were it heats hot water and runs the heating ,this system would mean having no water tanks,which is good for me because space is limmited in my house
• You may wish to look at this.
  https://forums.moneysavingexpert.com/....html?t=254013
  A gas combi boiler uses gas at the same rate 24 hours a day - normally at
  2-3p a kWh.
  If you have an electric system(as in the thread above) it would need to run to heat the house during the day which would mean using electricity for parts of the day at, say, 10-13p a kWh.(for an Economy 7 tariff) at night it would be at approx 3-4p a kWh.
  So there is little doubt in my opinion that gas would be cheaper.
• thank you for your fast reply
• Hi Everyone im lost just been quoted 500 to install gas tank 700 to fill the thing and 14pounds a quater rent, so im thinking electric boiler, found a good plumber but he told me iv never seen one, on the net hot water and heating boiler 1500 inc vat please some one HELLP:confused:
• Gas, unless you go for an electric ground source heat pump.
  Also, note that electricity is increasing in price too!
• I live in a village that is not on mains gas, so we use LPG from BP. They have recenty doubled my monthly bill.
  I am a mature student at uni, my wife and I work part-time we have two children 6 & 4 (the 4yr old has just been diagnosed Autistic Spectrum).
  There is no help available from tax credits, jobcentre plus or the BP.
  The only choice I seem to have is to not heat the house or have an electric boiler fitted which then gives me the choice of changing electricty supplier.
  Can you advise me on companies to use, that may have schemes to help people on low incomes?
• If mains gas, then I'd definitely go with that one. I don't there is any fuel that will be anywhere near as economical to run at present.
  If LPG gas, then things are definitely more open for debate.
• these only cost about Ј600 to buy not sure how much to install, not much I should think
• Im a bit concerned about gas, if you look into the future electricity is becoming increasingly more advanced. Think about it, how much gas do we have left?
  then think are we capable of producing more electricity at lower prices?
  and sudenly you find out that gas is very likely to get lesser and more expensive
  while electricity might be opossite. So i think that propely insulating a house and buying a very economical electric boiler is the way forward.:rolleyes:
  
• Oh and by the way storage heaters!! huh you know that night time electricity is becoming more expensive! savings will become smaller and smaller.
• About mercy lpg suplier im fairly sure you can change supplier without much fuss, but be warned theil probably do the same! so beter use a ground source pump however the cost is astronomical! so if you cant afford it try putting plenty of insulation get a high efficiency electric boiler get a cheap supplier on uswitch.com and hey presto!
• Just a little bit off subject but, if it feasable for you to have a wood burning stove ? This is a cheaper, greener, alternative and it can also be linked up to a central heating sytem and/or heat storage medium in which any heat generated by your fire can be stored and used later.
  I have installed a few of these systems and I think it is brilliant.
• This thread is over 4 years old, if the OP has not picked a heating system by now then he has probably frozen to death!
• Due to the recent price rises in both Gas and electric (particularly in Gas) I'm thinking about switching to an electric boiler. I need a new boiler anyway and Gas will get increasingly expensive due to increasing costs to obtain it.
  Does anyone actually know the true cost difference between heating your home and water with Gas Vs Electric in 2011 prices and projected Gas and electric prices for the next 10 years?