4 Reasons Failing to Replace an Old Boiler Can Wind Up More Expensive than Buying a New One

It can sometimes be tempting to put off the cost of replacing an older boiler for a couple more months. However, months can easily turn into years. More importantly, any one of the following problems could make not replacing your boiler far more expensive than buying a new one.

1. Older Boilers Are Inefficient

Firstly, and perhaps most importantly, a boiler that is getting on in years will almost certainly be running inefficiently. Even if your boiler is working as good as it did the day that it was installed, it will lack the energy-saving features of a brand-new model. Of course, it's doubtful that it will be in prime condition anyway. Years of use will take their toll by wearing down parts, reducing the performance, and therefore the efficiency, of your boiler. Over time, the energy bills can really start to stack up.

2. Older Boilers Are Harder to Fix

If you ever need someone to come out and have a look at your boiler, you might find that even a relatively simple problem is expensive and time-consuming to fix if you're still using an older model. This is partly because plumbers won't be as familiar with models that haven't been popular for a good few years. However, more problematic is the fact that they'll find it hard to find replacement parts; in many cases, the replacement parts won't even be made anymore. Even if they can be sourced, you will probably have to pay a premium price and wait a while for them to arrive.

3. Older Boilers Are More Likely to Leak

When your boiler breaks, you'll be without hot water; even more seriously, you might find that leaks have occurred. When a boiler leaks, the escaping moisture can do plenty of damage. If you manage to catch the issue early, you could be facing nothing more than some water-damaged flooring. However, water can work its way under the floor and damage the structural integrity of your home. If that happens, you'll be facing costly repairs.

4. Older Boilers May Invalidate Your Home Insurance

You might be thinking that your home insurance will cover you if damage does occur as a result of any leaks. While this might be true in a perfect world, things rarely approach perfection when you're dealing with insurance, and you might find that keeping an older boiler interferes with your ability to make a claim. If the boiler is past its prime, it might also be past its recommended date for replacement, which insurers could use as evidence that leaks were preventable.