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Cormac is Selectra.ie's energy expert along with being the chief content and editorial manager for the website. His aim is to help find the best deal for you and your home energy needs so that you save money on your annual bills. His knowledge and experience of the Irish energy market allows him to offer the best advice and insight into current prices, emerging trends and overall energy saving tips.
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A new electric boiler can cost between €600 to €2,500 with more expensive models often costing more. Electric boilers are more expensive to run compared to gas or oil boilers, as the price of electricity is usually much higher than that of gas. Unlike gas or oil boilers, electric boilers are not being phased out as they don't directly run on a carbon emitting fuel.
How Much Is a New Electric Boiler?
The price of a new electric boiler is typically between €600 to €2,500 depending on the size and model. While smaller boilers tend to be cheaper, they may not be as efficient as larger models.
A premium electric boiler will typically be more expensive, reaching up to €3,000. However, it will also tend to be longer-lasting.
How Much Does It Cost to Install an Electric Boiler?
Installation prices for an electric boiler typically range from €500 to €1,500.
The process is often completed within one to two days, making it much faster and less disruptive than installing a gas or oil boiler, which require running new fuel lines and installing flues.
An electric boiler is an excellent choice for certain properties and circumstances:
Small Homes and Apartments: Their compact size and lower heating demands make them perfect for smaller properties.
Properties Off the Gas Grid: If a home cannot connect to the main gas line, an electric boiler is a simple, non-fossil-fuel solution compared to installing an oil tank or an LPG system.
Highly Insulated Homes: In a well-insulated, energy-efficient home, the higher running costs are mitigated because the boiler needs to run for significantly shorter periods.
Before installation, an electrician will need to check your home's main fuse and wiring, especially in older homes. Electric boilers require a significant power draw.
Kilowatt (kW) Rating: Electric boilers typically come in different kW sizes (e.g., 6kW, 9kW, 12kW). The higher the kW, the more heating power it offers, but the greater the demand on your electrical supply.
Supply Upgrade: If your existing electrical service is old or too low-rated, you may need to upgrade the main fuse or wiring to safely accommodate the boiler. This work will add to the total installation cost.
What Is the Best Electric Boiler on the Market?
Given that individual expectations and budget for a new electric boiler vary, it's difficult to give a definitive recommendation as to which is the best boiler available on the market.
What we can advise is the factors to take into consideration before buying a new boiler. By having an idea of this, you will be better placed to compare what is available on the market.
Factors to consider include:
Budget With prices starting from just above €600 and rising to €1,200, your budget will largely dictate which boiler you choose.
The length of warranty Boilers can be expensive to service and replacement parts can take time to source, so by purchasing a boiler with a good warranty period you can offset these possible future costs.
Boiler efficiency It's important to buy a boiler with a high efficiency rating, otherwise you will be losing money on any energy wasted by the boiler.
The size of your home The size of your home will determine its heating needs. The bigger your home, the bigger a boiler you'll need. If you are living in a smaller property, a smaller, cheaper boiler might be sufficient.
Below you will find an overview table of some popular electric boiler brands and their estimated price range:
⚡ Electric Boiler Brand Comparison
Brand
Estimated Price Range (EUR)
Elnur Gabarron
€1,000 - €2,500
Haetrae Sadia
€800 - €1,800
Thermaflow
€700 - €1,500
Viessman
€1,500 - €3,000
Stiebel Eltron
€1,000 - €2,500
How Much Does It Cost to Run an Electric Boiler?
The simple way to estimate your cost is to use the following formula:
Running Cost (€) = Boiler Power (kW) x Hours Used x Electricity Price (€/kWh)
Variable
Description
Typical Value
Boiler Power
The maximum kilowatt rating of your electric boiler.
6 kW to 12 kW
Hours Used
The total hours the boiler is actively heating water.
Varies greatly (e.g., 2–6 hours/day)
Electricity Price
The unit rate you pay your supplier for electricity.
Varies by supplier and plan
Let's assume a mid-sized, efficient home uses a 9 kW electric boiler for an average of 4 hours a day, and the standard electricity rate is €0.40 per kWh:
9 kW x 4 hours x €0.40 kWh = €14.40 per day
Tips to Reduce Running Costs
Switching to a Day/Night Meter: If you opt for a Storage Boiler or Dry Core Storage Boiler, installing a Day/Night meter allows you to heat your water during the cheaper night-rate hours, drastically cutting your running costs.
Excellent Insulation: The better your home's insulation, the faster your home retains heat, meaning the boiler runs less often. Improving insulation offers the best long-term savings.
Are Electric Boilers More Expensive Than Gas or Oil?
Given that the average cost of electricity is higher than that of gas or oil, heating your home using an electric boiler is always going to be more expensive.
Having said that, there are several factors that impact on the total cost of heating a home regardless of which type of boiler you have, including:
The size of your home
Number of occupants
How well insulated it is
Your average consumption
The following table gives a basic breakdown of the difference in price between several types of boilers:
🔥 Electric, Gas and Oil Boiler Price Comparison
Boiler
Price
Cost per day
Phased Out?
Electric
€600 - €1200
€12 to €20
❌
Gas
€1500 - €3500
€10 to €16
✅
Oil
€3000 - €3500
€13 to €22
✅
The advantages of electric boilers lie more in their energy efficiency and minimal maintenance, no bleeding for example, and not in their low running costs.
Even though they are more energy efficient, the amount of energy saved is not enough to offset the higher cost of electricity, and it is worth switching energy providers to reduce the costs of electrical boilers.
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Just like any other type of boiler, an electric boiler provides hot water and central heating. Instead of using gas or oil to produce heat, however, an electric boiler uses electricity. It works just like an electric kettle, except it’s sized to heat your home.
The electricity heats a series of elements inside the boiler, which then heats the water. Once the water has been heated, it is then pumped around your home to where it’s needed. It can be used to heat the following:
Radiators
Underfloor heating systems
Hot water cylinders
While electric radiators come in a variety of sizes, they tend to be smaller and more compact than gas, biomass or oil boilers. They also do not require any of the following:
Flue
Fuel pipes
Outdoor fuel tanks
Since they don’t need a flue (the pipe that runs from the boilers to outside your house) and are smaller than other boiler types, electric boilers can be fitted almost anywhere and require less installation time.
Are There Boiler Grants in Ireland? Unfortunately, there are no longer boiler grants available in Ireland. The government is also planning on phasing out gas and oil boilers by 2025. However, there are grants available from the SEAI for heat pumps and solar water heaters.
What Electric Boiler Types Are There?
We break down the main types of electric boilers below.
Electric Combi Boiler (Direct) A combi boiler heats water on demand. It is typically cheaper and easier to install than other types of electric boilers because it doesn’t require a tank.
Storage Boiler A storage electric boiler heats water to store in a hot water tank. With this type of boiler, you can take advantage of cheaper electricity rates at night if you have a smart meter or day/night meter.
Dry Core Storage Boiler This boiler works by heating bricks at night. The heat is then released into the water the following day. Households with this type of boiler can also take advantage of cheaper electricity during off-peak hours if they have a smart meter or a day/night meter.
Combined Primary Storage Unit (CPSU) It stores hot water within the boiler so that it can meet demand much faster and at a higher temperature. This type of electric boiler tends to be rather large and is more suited for commercial use.
Selectra's Electric Boiler Tip
"Make sure that the technician who carries out any work on your electric boiler is an RECI registered electrician to ensure that the work is carried out to a high standard of both safety and service."
Electric Boiler vs Gas Boiler
Electric and gas boilers are similar in many ways, from their function to the different types on the market.
For houses that don’t require any additional upgrades to the electrical infrastructure, the installation costs are also much the same for electric and gas boilers. Electrical boilers tend not to need replacing like gas boilers.
Before choosing to switch, or which to opt for in a new build, it is important to know the advantages of both.
Pros
Highly efficient and covert nearly all of their energy.
Safer than gas or oil boilers as there is no risk of carbon monoxide poisoning or explosions.
Easy to install and maintain.
Take up much less space than gas or oil boilers.
Cons
Can be expensive as electricity is more expensive than gas.
Dependency on electricity means no heating or hot water in a power outage.
Not suitable for heating large amounts of water.
Subject to additional costs such as PSO Levy.
Electric Boiler vs. Heat Pump
As gas and oil boilers are phased out, many homeowners are comparing the low-carbon alternatives: electric boilers and electric heat pumps.
While both run on electricity, they operate on fundamentally different principles.
Attribute
Electric Boiler
Heat Pump (Air or Ground Source)
Operating Principle
Converts 100% of electricity into heat.
Transfers heat from the air or ground into the home.
Energy Efficiency
High (Up to 100% conversion efficiency).
Very High (COP of $3.0 - 4.5$ – for every 1 unit of electricity, it produces 3 to 4.5 units of heat).
Initial Cost
Low (€600 - €2,500 unit cost).
High (€8,000 - €15,000+ installed).
Running Cost
High (Expensive electricity is the primary fuel source).
Low (Extremely efficient use of electricity).
Installation
Simple and compact; ideal for small spaces.
Complex and bulky; requires space for an outdoor unit and indoor cylinder.
Grants
No government grants available.
SEAI Grants are available for unit and installation costs.
Conclusion on Heat Pumps
Choose an Electric Boiler if: You live in a small, well-insulated home or apartment, have a limited budget for the initial installation, or have limited space.
Choose a Heat Pump if: You are willing to make a significant upfront investment, your home is very well insulated, and you want the lowest possible long-term running costs.
How Efficient Are Electric Boilers?
Electric boilers typically have an efficiency rating of 99 to 100%. This means that for every euro you spend on heating, very little (if any) is wasted on lost energy.
This is also great when it comes to having your boiler serviced since it guarantees efficient functioning for longer.
In comparison, gas boilers typically have a maximum efficiency rating of 93%. For every euro spent on heating, around seven cents are wasted, not including the additional cost for a gas boiler service.
Both electric and gas boilers are ideal for different households, and there are different factors which will determine which one is ‘better’. Gas boilers are generally more powerful and can meet higher heating and hot water demands, and they are cheaper to run.
🔥 Boiler Type Comparison
Attributes
Electric
Gas
Oil
Biomass
Initial Cost
Low
Moderate
High
High
Installation Cost
Low
Moderate
High
High
Running Cost
High
Moderate
High
Low
Efficiency
High (95-99%)
Moderate (70-90%)
Moderate (70-90%)
High (80-90%)
Environmental Impact
Low (no direct emissions)
Moderate (greenhouse gas emissions)
High (greenhouse gas emissions)
Low
Maintenance
Low
Moderate
Moderate
Moderate
Fuel Source
Electricity
Natural gas
Oil
Biomass (wood pellets, chips, etc.)
Learn More About Energy SavingOur energy guide articles contain lots of useful information on saving energy, lowering costs and having a more positive impact on the environment.
Cormac is Selectra.ie's energy expert along with being the chief content and editorial manager for the website. His aim is to help find the best deal for you and your home energy needs so that you save money on your annual bills. His knowledge and experience of the Irish energy market allows him to offer the best advice and insight into current prices, emerging trends and overall energy saving tips.
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