New ‘Boris Boilers’ cashback scheme to help reduce energy bills

Mayor of London, Boris Johnson, has launched London’s first boiler cashback scheme, which will help home owners and landlords replace their old boilers with new high efficiency models.

OFTEC has warmly welcomed the eight week scheme which will provide a £400 cashback subsidy to upgrade a standard 70% efficiency oil or gas boiler to an A rated 90% efficiency model.

However, the London boiler scrappage scheme should be rolled out across the country to help meet the UK’s ambitious carbon reduction targets, says OFTEC.

Jeremy Hawksley, OFTEC director general, comments: “The introduction of a boiler scrappage scheme in Greater London which includes oil is to be celebrated. It demonstrates what we have been saying all along – that boiler scrappage is an ideal way to help UK households reduce carbon emissions from heating in a practical, affordable way.

“With an estimated 4.5 million UK homes still classed as fuel poor, and cost remaining a major motivator for most consumers, our country urgently needs carbon reduction schemes that don’t cost the earth and actually work.”

Similar boiler scrappage schemes have already been tried and tested. In Great Britain 120,000 old, inefficient boilers were replaced in 2010 and, in Northern Ireland, 15,540 oil boilers were upgraded between April 2012 and September 2015. Both schemes had positive effects on the environment, in terms of reduced carbon emissions, and on fuel bills.

Around 12,700 households in Greater London currently use oil for heating and an estimated 60% of these still have standard efficiency boilers in need of replacement. As a predominately urban area, Greater London has one of the lowest percentages of oil households in the country.

The Mayor of London, Boris Johnson said: “This scorching scheme will help 6,500 London homes become more energy efficient and cut annual bills. As well as saving hard earned cash, upgrading an old boiler gives the environment a huge boost by lowering carbon emissions and making our air sweeter. I encourage everyone harbouring ancient boiler artefacts to sign up to my boiler cashback scheme now and benefit from a brand new cost effective heating system.”