How Much Is a New Electric Boiler?

Pricing ranges from €600-€2,500 typically, with premium models reaching €3,000. Installation costs run €500-€1,500, completed in one to two days.

Ideal for: Small homes and apartments, properties off the gas grid, highly insulated homes.

How Much Is a New Electric Boiler comparison table
Brand Estimated Price Range
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

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How Much Does It Cost to Run an Electric Boiler?

Formula: Running Cost (€) = Boiler Power (kW) x Hours Used x Electricity Price (€/kWh)

Example: A 9kW boiler used 4 hours daily at €0.40/kWh costs €14.40 per day.

Cost reduction strategies:

  • Install Day/Night meter for storage boilers (utilise cheaper night rates)
  • Improve home insulation for shorter operating times

Are Electric Boilers More Expensive Than Gas or Oil?

Heating your home using an electric boiler is always going to be more expensive due to higher electricity costs versus gas/oil.

Are Electric Boilers More Expensive Than Gas or Oil comparison table
Boiler Price Cost per Day Phased Out?
Electric€600 - €1,200€12 to €20No
Gas€1,500 - €3,500€10 to €16Yes
Oil€3,000 - €3,500€13 to €22Yes

How Does an Electric Boiler Work?

An electric boiler provides hot water and central heating. Instead of using gas or oil to produce heat, an electric boiler uses electricity. It works just like an electric kettle, except it's sized to heat your home.

Heating elements warm water, which circulates to radiators, underfloor heating, or hot water cylinders. Boilers are smaller, more compact, requiring no flue, fuel pipes, or outdoor tanks.

What Electric Boiler Types Are There?

  1. Electric Combi Boiler (Direct) — Heats water on demand without requiring a tank
  2. Storage Boiler — Stores heated water for use; compatible with day/night meters
  3. Dry Core Storage Boiler — Heats bricks overnight, releases heat into water daily
  4. Combined Primary Storage Unit (CPSU) — Large unit suited for commercial applications

Need a Boiler Service or Upgrade?

Our experts at Selectra help you compare boiler service providers and find the best deal for your home — completely free.

Ad - Selectra Service
This is a free call from Ireland. Selectra agents can assist you with comparing and switching energy providers on weekdays between 9 am and 5.30 pm.

Electric Boiler vs. Heat Pump

Electric Boiler vs. Heat Pump comparison table
Attribute Electric Boiler Heat Pump
Operating PrincipleConverts 100% electricity to heatTransfers heat from air/ground
Energy EfficiencyHigh (up to 100%)Very High (COP 3.0-4.5)
Initial CostLow (€600-€2,500)High (€8,000-€15,000+)
Running CostHighLow
InstallationSimple, compactComplex, requires outdoor unit
GrantsNoSEAI grants available

Choose Electric Boiler: Small, well-insulated homes with limited budgets.

Choose Heat Pump: Large homes, willing to invest upfront for minimal 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. Gas boilers max at 93% efficiency by comparison.

Frequently Asked Questions About electric boilers

A new electric boiler costs between €600 and €2,500, with premium models reaching €3,000. Installation costs add an additional €500 to €1,500.
Yes, electric boilers are generally more expensive to run than gas or oil boilers because the unit price of electricity is significantly higher than gas. However, they are nearly 100% efficient at point of use.
Electric boilers are ideal for small homes and apartments, properties that are off the gas grid, and well-insulated homes with lower heating demands. They are compact, quiet, and require minimal maintenance.
No. Unlike gas and oil boilers, electric boilers are not being phased out because they do not directly burn carbon-emitting fuels. They may become more cost-effective as electricity from renewable sources increases.