The independent findings were published by the Sutherland Tables which compare the annual space and water heating costs for different technologies in an average three-bedroom property.
The latest figures for Great Britain reveal that, between June 2020 and June 2024, the average yearly running cost for a condensing liquid fuel boiler was £1,231. LPG condensing boilers were 31% higher, at £1,620, while electric storage heaters were more than double the cost, at £2,866.
Liquid fuel heating was also slightly cheaper than gas condensing boilers, which averaged £1,283, and was also cheaper than renewable options, such as wood pellets or heat pumps.
In Northern Ireland and the Republic of Ireland, liquid fuel was also the . . .
Continue ReadingAlready a subscriber? Loginor Join our free community of subscribers and access insightful and exclusive industry content from the evolving world of home energy.Subscribers have exclusive access to the latest issue of Oil Installer magazine and receive our monthly newsletter.