Storage heaters have an upfront cost for purchase and installation. The price can vary depending on the brand model and size of the heater. Higher-end models with advanced features may be more expensive.
To operate storage heaters economically it's crucial to be on the right energy tariff. Many energy providers in the UK offer specific tariffs for users with storage heaters. These tariffs may have cheaper off-peak rates encouraging users to charge their heaters during low-demand periods.
Storage heaters typically operate on a dual-rate tariff where electricity is cheaper during off-peak hours (usually during the night). Charging your storage heaters during these times can significantly reduce your overall heating costs.
The running costs depend on factors like the insulation of your home the size and type of storage heaters you have and your usage patterns. Well-insulated homes retain heat better reducing the need for constant heating.
Modern storage heaters are designed to retain heat for an extended period. This means they can continue to release heat even when electricity is not being consumed. This can lead to more efficient heating and lower costs.
Look for storage heaters with a high energy efficiency rating. This information is usually provided by the manufacturer and can give you an indication of how effectively the heater converts electricity into heat.
Being mindful of your usage patterns can impact costs. For example avoid overcharging the heaters and adjust the input settings based on your daily heating needs.
While storage heaters generally require less maintenance than other heating systems it's essential to factor in any potential maintenance or repair costs over time.
Check if there are any government schemes or incentives in place to promote energy-efficient heating systems. These programs may provide financial support or discounts for installing or upgrading storage heaters.
Compare the costs of storage heating with other heating systems like gas central heating or electric radiators. Consider the long-term savings and the environmental impact.
Remember that individual circumstances vary so it's advisable to consult with energy experts or heating professionals for personalized advice based on your specific situation and needs.