Estimates For New Boilers

Purchasing a new boiler can cost thousands of dollars. The unit itself could cost $5,000 or more and that price doesn’t include the money you spend hiring a contractor to install it and any renovations that must be made to the business or home.

Each boiler system works differently. It is important to consider what each one is like and to know the common prices that you will be expected to pay for the model that you choose to use.

Gas Boiler Prices

Gas boilers will come in a variety of sizes. Purchasing a unit for a 1,000 square foot home is going to be much cheaper than buying one for a 3,000 square foot home. You also have to consider that each model has different features and levels of efficiency by which they function. Below are a list of prices for the more common types of gas boiler systems.

The single stage systems that have between 80% to 90% efficiency will cost you anywhere between $2,000 to $5,000. The multi stage systems with at least 95% efficiency could cost you anywhere between $5,000 to $9,000. This cost does not include what you will spend to have the unit installed. Expect to pay between $2,500 to $9,000.

Oil Boiler Prices

Oil boilers are not the most common systems to use – but they can be some of the most efficient. The key is to know what features you should have that will help to distribute the heat evenly and to provide immediate hot water. These will commonly cost between $2,000 to $5,000. However, this does not include the units that provide certain modifications.

These units can last between fifteen to twenty years with the right type of maintenance. Purchase one that has been modified and expect to pay between $6,0000 to $10,000. The installation cost will be the same as before, between $2,500 to $9,000.

Electric Boiler Prices

The electric boiler is one of the most common system on the market. While they are not always as efficient they are some of the most affordable to install. These can last between twenty-five to thirty years – but expect to pay a substantial amount in your electric bill each month to keep them operating. These can cost anywhere between $1,500 to $9,000 if not more.