Dicky99 wrote:Out of interest what is the payback period on the total capital outlay including any routine service costs and the anticipated lifespan of all the kit. Will it ever wipe it's face or does one get the satisfaction from intangibles?
Like most domestic purchases, the financial payback is years, if ever. I reckon we save just under a fiver per day compared to the gas boiler, and that's living in half the house. When the works are finishedthen having rapid localised heating makes financial sense but also improves comfort and convenience.
Will I ever get the £5k or so back for the new boiler and bits? eventually.
Will we ever get the 6 figures it is costing to insulate the roof? No
Will we get back the cost of soar and battery? Eventually.
Will I ever get back the cost of the electric garage door, replacing the fluorescent with LED, or building the shed? No.
Will the dishwasher ever pay back the cost it saces in Hot Water? No.
However, was it worth spending a third of the price of replacing the woodburner with something that starts to heat the room in a couple of minutes, just needs the click of a button, and doesn't involve ar5ing about with fireighters and matches and paper, ordering or splitting and storing wood, then for us at least the answer is "Heck yes".
I did enjoy playing with the wood burner, but then again also enjoy driving our classic car. But I'd hate to have to rely on it
Paul