How Much Are Gas Boilers? TOP Factors that Can Influence the Cost

You must admit that when it’s time to buy a new gas boiler, most of us are more interested in its cost, and not features and qualities. Due to today’s economic situation, it’s quite normal. So, how much are gas boilers?

Factors Influencing the Price

There are four generally recognized factors that influence the difference in prices:

• home’s size
• windows
• insulation
• efficiency

It is obvious, the larger your place is, the more powerful unit you should buy. What about windows? The number of windows always influences the price of the appliance. The more windows the house has, the more chances that cooler air is going to shift in during winter.

The majority of older buildings will have less insulation, if compared to newer ones. Being poorly insulated, they let in much cooler air, thus the boiler has to work harder. In this case, professionals usually recommend upgrading to a much more powerful appliance.

And finally, efficiency factor. The higher the level of energy efficiency is, the more you’ll have to pay. However, the benefit is that you’ll definitely save on heating bills.

Average Costs for Gas Boilers

How much are gas boilers? As you have found out, the actual cost depends on various factors. Here are the average numbers to consider:

• lower- and mid-efficiency gas boilers cost $2,500-$5,000. Installation costs are about $500. Removing/disposing of old oil tank – about $500. Maintenance and inspection costs – nearly $100.
• higher-efficiency gas boilers – $5,000- $10,000 and more. Installation costs are about $2,000. Removing/disposing of old oil tank – about $2,000. Maintenance and inspection costs – nearly $300.

Additional Expenses

To replace a boiler, one should get a mechanical permit. Its cost is from $50 to $300, though it varies from location to location. In some places getting required permits is a part of the installation process.

Replacing leaking, inadequate work and aging cost from $35 to $55 one linear foot of materials and work. For a single-family house the full-price is $1,000-$5,000. Here many things depend on the type and length of ducts.

Removing an old tank can cost about $500-$1,500 and even more, depending on the complexity. If we speak of an underground tank, the cost is around $1,500-$3,000.

About Tax Credits

As you see, the cost of a new gas boiler requires thousands of dollars to be spent. However, you have a chance to save much cash in the long run IF you buy a unit with the government’s Energy Star appliance approval.

Generally speaking, such boilers make a user eligible for a federal tax credit. Boilers that have the government’s Energy Star appliance approval are in the list of strict energy efficiency standards of the U.S. Environmental Protection Agency, meaning that an annual fuel efficiency of a single appliance is about 85% or even more. Details about AFUE (annual fuel utilization efficiency) we wrote in “High Efficiency Boiler Residential”.

Consider all extra expenses and tax payments, while making your choice. Buy a gas boiler to suit your house and financial situation.