Boiler Replacement Savings Calculator

Calculate the savings from replacing an old boiler with a new efficient one.

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Boiler Savings

Enter your current boiler details and replacement costs.

Annual savings
$0
Payback period: 0 yrs
Current annual cost
$0
New annual cost
$0
Annual savings
$0
Payback period
0 yrs
10-year total savings
$0
ROI
0%

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Annual heating bill ($)$2,000
Current boiler efficiency (%)70%
New boiler efficiency (%)95%
New boiler cost (installed) ($)$4,000
ResultValue
Annual savings$526
Current annual cost$2,000
New annual cost$1,474
Payback period7.6 yrs
10-year total savings$1,263
ROI32%

Values shown are produced by this page in your browser; change any input to update them.

How to use the Boiler Savings

  1. Annual heating bill ($) — default $2,000
  2. Current boiler efficiency (%) — default 70%
  3. New boiler efficiency (%) — default 95%
  4. New boiler cost (installed) ($) — default $4,000
  5. Press Calculate to update the results instantly.

Frequently asked questions

Replacing a 70% efficient boiler with a 92% condensing model cuts gas use by roughly 25% for the same heat output. On a $1,500 bill that is about $375 a year.
Divide the installed cost by the annual saving. A $3,500 boiler saving $375 a year pays back in about nine years — sooner if gas prices rise.
Use the seasonal efficiency (ErP/SEDBUK band), not the peak efficiency on the label. A-rated condensing boilers sit around 90-94%.

Sources & references