One of Britain’s leading boiler companies is predicting that sales will be slow for the next few years, after saying this year will only grow 0.1%.
Worcester Bosch, voted by the public as the best boiler provider, reckon that it could be at least 2015 before the market picks up again.
According to Worcester Bosch, the first eight months of 2011 have been particularly bad with sales down 4.2%.
Stagnant house prices and a rise in fuel and energy prices were two of the possible reasons given for a drop in sales. And Carl Arntzen who has recently taken over as the managing director of Worcester Bosch, also says tougher trading standards could be a reason.
Of course, with the government’s boiler scrappage scheme finishing earlier in the year, the industry was always bound to suffer.
But British Gas has launched a scheme to get new boilers installed before Christmas by offering a £400 reduction when homes scrap old boilers for specific models. It’s at this time of the year boilers tend to break down, after being turned on for the first time in several months.
Every year there are around 1.6 million boilers sold, but with the government’s scrappage scheme this figure rose 5.3% in 2010.
The Worcester Bosch Group is predicting a 2% fall next year and a further 1% drop in 2013. Arntzen says the market will then remain level in 2014 before picking back up again in 2015.
He said: “We will diversify but this must be done in a controlled way. Some companies have lost focus of their traditional markets, but we will ensure we stick to our core values of quality and reliable products and support services.”
While sales may have dropped, installing a new boiler is still very important, especially before we hit winter. The colder months record the year’s most call-outs, with customers having to pay double costs for repairs over the Christmas period.
So installing a new condensing boiler will ease your worries ahead of the expensive Christmas period and will also lower your energy bills all year round.