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The cost to install a steam boiler varies depending on the type, fuel used, and your house size. The average cost to install a boiler is $5,900. You could spend $2,000 for a basic electrical steam boiler or up to $9,000 for a high-efficiency oil-burning steam boiler. Boiler installation is a job that’s best left for professionals to complete, and, in some states, only licensed installers can legally complete the job.

Yes. In many cases, switching from an old furnace to a high-efficiency boiler can help you save money over time. You can also save money by switching from an electric boiler to a gas boiler, which costs much less compared to the energy bills an electric boil can create. Boilers are often (but not always) more efficient than furnaces, too. Then there are discounts, rebates, and incentives that can help you save on the initial costs.

If your boiler is 20 years old, it’s time to get a new one. Although it may seem to be working fine, it’s likely eating up more fuel than it should. Also, compared to a brand-new boiler, one that’s 20 years old is probably not working as well. When you get your new unit, you’ll notice that your home is heating more quickly, and the heat is consistent throughout all the rooms.

You can use a boiler and a furnace, although it’s not common to use both for whole-house heating. For example, your furnace may take care of HVAC heating through your vents, while a boiler powers your floor-based radiant heating in the bathrooms. Mixing and matching like this gives homeowners a variety of heating possibilities.