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  #1  
Old 17-10-2012, 08:17 PM
DWK DWK is offline
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Default Heating Conversion- Interest Free Credit

I've just been given a quote of net 3,200 to install a new gas condensing boiler, switch to a calor gas tank and put in 2 or three zones for heating and hot water. I currently have an old oil system which is burning a massive hole in my pocket. I dont have the cash to pay for this up front my self and so the interest free credit is the real hook for me.
Does anyone know if anyone else is providing such a conversion on a credit basis(interest free or otherwise) e.g. flogas, Bord Gais etc?
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  #2  
Old 18-10-2012, 12:41 PM
Leo Leo is offline
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Anyone offering such a deal will charge you a premium for doing so. It is almost always cheaper (often very significantly so) to arrange finance yourself indeprendently to fund the project.
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  #3  
Old 18-10-2012, 04:20 PM
Seagull Seagull is offline
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Ask them what the quote would be without the interest free credit. Although if it genuinely is interest free, it will be the same.
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Old 18-10-2012, 09:49 PM
Shane007 Shane007 is offline
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To be honest, I have been doing a lot of LPG conversion installations lately for Calor and the are indeed giving customers very good deals lately. 1,000 litres of free gas, €100 per annum standing charge & 70 cent per litre. €3,200 is a very low price to install a gas boiler, zone it to current building regs, issue a RGII Cert 1 and run a gas main from the bulk storage tank to the boiler. I can tell you, I couldn't do it for that price.
On another point, I have oil, I am seriously considering changing over to Calor LPG. Simply for being able to install a HE gas boiler that can modulate. Especially with the system I have, a modulating gas boiler will be much more adaptable to the demand required. Other ways of doing it, but LPG is definitely in the running.
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  #5  
Old 14-11-2012, 09:53 PM
glic83 glic83 is offline
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I always though LPG was very dear to run from most of the stories i read across the forums?
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  #6  
Old 14-11-2012, 10:16 PM
Shane007 Shane007 is offline
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NG is about 6.5 cent/kwh
Kerosene about 9.5 cent/kwh
Bulk LPG Personal storage tank 9.2 cent/kwh
Bulk LPG shared storage tank 15 cent/kwh

Figures are approx

Where the LPG wins over the oil is being able to have a modulating boiler. Modern HE gas boilers modulate so basically they monitor the return temp from the heating as as the temp increases, it turns the flame down to suit the demand, thus using a lot less fuel. Oil boilers cannot do this, unless you go for very high end boilers, €5,000 and upwards.
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  #7  
Old 15-11-2012, 09:42 AM
3CC 3CC is offline
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I don't have natural gas so can anyone tell me what the standing charges are relating to NG.
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  #8  
Old 15-11-2012, 01:13 PM
Leo Leo is offline
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Quote:
Originally Posted by 3CC View Post
I don't have natural gas so can anyone tell me what the standing charges are relating to NG.
They vary, each supplier will have full details on their website.
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  #9  
Old 15-11-2012, 10:33 PM
3CC 3CC is offline
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Thanks Leo. I just checked and the standing charge varies from €90-€100 per annum.

So for those on kerosene. if you pay €1000 pa currently on kerosene, you would pay about €700 on NG + say €100 standing charge = €800. Saving = €200pa

If you are spending €1500 pa on kerosene, NG would be €1150, Saving = €350 pa

Payback is 9-16 years. Admittedly there are considerations other than just financials but on a purely financial basis, it would only seem sensible to replace a boiler when the previous one is at the end of its useful life.
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  #10  
Old 15-11-2012, 10:59 PM
Shane007 Shane007 is offline
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Also take into consideration the savings you will have from a modulating boiler. This can be significant.
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  #11  
Old 16-11-2012, 06:56 PM
glic83 glic83 is offline
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Op did you do the change over in the end? And are you changing over Shane?
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  #12  
Old 16-11-2012, 09:51 PM
Shane007 Shane007 is offline
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Haven't as yet but for reasoning of no time to do work in my own house!
Work usually gets quiet in January if wether remains mild, so I will probably do it then, so in answer to your question, not yet but have decided to go ahead.
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  #13  
Old 18-11-2012, 10:29 PM
glic83 glic83 is offline
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would be very interested in hearing how it goes when you do change over
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Old 19-11-2012, 09:11 PM
Shane007 Shane007 is offline
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Will do. A friend of mine converted just over a year ago and after doing the maths, it seems his oil bill was €2,500 for previous year. After completing a year with Calor, he spent €1600. It is the only fuel source that is actually cheaper than it was 2 years ago!
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  #15  
Old 19-11-2012, 09:32 PM
caff caff is offline
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Quote:
Originally Posted by Shane007 View Post
Will do. A friend of mine converted just over a year ago and after doing the maths, it seems his oil bill was 2,500 for previous year. After completing a year with Calor, he spent 1600. It is the only fuel source that is actually cheaper than it was 2 years ago!
Forgive my cynicism but for how long? Is it only cheap for a limited time. 50/50 cash back for a year and screwed after that?
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  #16  
Old 19-11-2012, 09:39 PM
Shane007 Shane007 is offline
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???
Not sure what you mean. The contract is for 2 years @ 70 cents per litre. There is no cash back. The deal at the moment is a 1,000 litres of LPG free of charge. Tank Rental/Maintenance is €140 per annum but I get can get it down to €100 per annum incl. VAT. Tank installation/delivery is €250 but again I can get that down to €150. This includes a concrete base for the tank,
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