The cost of boiler replacement also varies greatly depending on what type of replacement boiler is being installed. Usually, the cost of boiler replacement is less than first time boiler cost however, if all new piping needs to be put in and the old boiler needs to be removed and disposed of, the cost of boiler replacement can be the same or even slightly more than first time boiler costs. The cost of boiler replacement varies depending on whether the boiler replacement can be fitted to work with the old boiler’s system or not. In addition, new boiler costs are affected by whether the unit is mid-efficiency or high efficiency high efficiency boilers cost more than mid efficiency units. New boiler costs are also affected by location and where the boiler is purchased. Condensing boilers are some of the most expensive types of boilers condensing boilers cost $20,000-$40,000. Gas boiler prices range from $2500-$5000. Electric boiler cost ranges from $600-$2000 electric boilers are the cheapest type of boiler. New boiler cost varies greatly depending on the type of boiler that is purchased. New boiler cost ranges from $600-$40,000. Homeowners may also have to install a new chimney liner for the new boiler chimney liners cost $300-$700 for a gas boiler and $700-$1800 for an oil boiler.
In addition to the new boiler cost, homeowners may have to pay to have a fire inspection to ensure the boiler is installed correctly and is safe fire inspections cost $25-$75. To further help decrease new boiler cost, in the United States, the government offers an income tax credit to homeowners who upgrade their old boiler to one with a 90%-97% efficiency rating. New boiler prices range from $600-$40,000 however, homeowners will make up new boiler cost over the years from what they save in heating costs. Older boilers have a 56%-70% heat efficiency rate, while newer boilers have a 95%-97% heat efficiency rate.
Most boilers that are over twenty years old are not cost efficient and should be replaced with a newer cost efficient boiler. Most boilers use either gas or oil to run however, there are also electric, steam and wood pellet fueled boilers available. Boilers heat homes with either steam or hot water.
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