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Is that just for hot water? In the sticks here with oil for water / heating and we go through north of £2000 a year in oil.
When Rishi announced the delay to phase out of gas someone on the news said that a new generation of heat pumps will heat to the same temps as a gas boiler.
I'm just pondering what to replace the oil boiler with. Not a lot of roof space for solar on our 30's money pit
midlife
JonD
We can’t get mains gas. Our oil combi uses around 900l per year, which cost £600 earlier in the year. Add on £120 for boiler servicing is total £720.
900l oil is about 7750kWh of heat assuming 80% efficiency. If we got that from a tepeo electric combi at 87% efficiency (from their website), that would be nearly 9000kWh electric. At 7.5p current overnight price of Intelligent Octopus, that would be £675 + no servicing costs.
Unless I’ve missed something, which is entirely possible, at my current electric prices a Tepeo combi seems worth considering - granted the thing hasn’t been released yet, but like I said, I’m keeping an eye on them because I want to replace the oil burner asap.