<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Boiler mathematics

Boiler mathematics

November 24th, 2011 at 12:21 pm

We bought our guest house 2 years ago. It had an old oil boiler for heating the radiators and hot water.
It kept breaking down and was using a vast amount of oil. So after the first year we bought a new oil boiler. It cost £2,500 for the boiler and the fitting.
Well the new boiler is marvelous and it is probably saving us a fortune.
In the first year we filled the old boiler 4 times in a year. In the second year we filled the new boiler twice.

The old boiler cost us about £1260 in fuel costs.
The new boiler about £840.

At this rate I will be able to afford another boiler, but I don't know what I will do with it.
I would recommend an oil boiler to anyone except of course an Eskimo.

Posted in Budgeting, Investing, Personal Finance, Saving Money | 2 Comments »

2 Responses to “Boiler mathematics”

  1. rob62521 Says:
    November 24th, 2011 at 01:41 pm 1322142107
    1322142107

    Glad the new boiler is working out for you.

  2. Jerry Says:
    December 5th, 2011 at 01:30 pm 1323091827
    1323091827

    We had a similar experience when we purchased a new refrigerator to replace the old chestnut that looked like it was from the late 1970s. It cost us something - I can't recall exactly how much - to get the new one delivered and in place, but once we did that we felt like we had some insurance that it would lead to savings on our entire electric bill. (Yes... it dropped by over 1/3!)
    Jerry

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]