Storage Heater Replacement - Old vs New.
Our monthly direct debit payment for all energy is £110, I am wondering whether we would be wise to invest in new heaters as I have heard that the modern new storage heaters are much more efficient. Of course, if it is going to cost several thousand pounds for the installation then it would probably not be a sensible use of capital as we would be unlikely to recover the costs. Any advice would be welcome.
How much more efficient are new stoarge heaters to old storage heaters?

The typical life of a storge heater is 10 - 15 years. Certainly models older than this should be replaced with modern automatic models.
In recent years 'automatic models' have been introduced and these offer small gains in terms of efficiency and economy!
If the heater is less that 10 years it should first of all be checked and serviced to improve its performance rather than replaced.
Elements and thermostats typically have a life of 6-8 years.
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