Why You Should Own a Combi-Boiler in Ontario: Avoid the Rental Scam!

The choice of whether to rent or own a boiler in Ontario is larger than most people realize for a homeowner. Large box rental companies, however, are taking advantage of this trend, pushing homeowners into very expensive, and often quite unnecessary, rental agreements.

This guide seeks to expound how a rental trap is running widely across the GTA and beyond. Find out how LG Home Comfort can help you escape these rental traps and be able to reap the benefits of ownership with low-cost, high-quality solutions crafted for homeowners throughout Ontario.

What is a Combi-Boiler?

A combi-boiler, short for combination boiler, is a highly efficient water heater and a central heating boiler in one compact unit. All a combi-boiler does is—water and a central heating system —without the use of a storage tank. This makes this a great choice for any home, especially in space premium places like the Greater Toronto Area (GTA).

Let’s Discover The Combi-Boiler Scam!

A trend that has been spiralling across Ontario that we intend to shine light upon Quite a few homeowners get coaxed into thinking that they are entering into a cost-effective solution by the big box rental companies selling this idea. However, the reality is totally different from this perception. Here are four reasons why you should consider renting a boiler as a trap:

• Cost of Rentals Increases Due to Limited Installation Options

Now, with few HVAC companies venturing out to install boilers, these rental companies tend to take advantage of the situation by charging outrageously high rental fees. This lack of competition means they can set prices as high as they want, knowing that homeowners have very little to go around with.

• End Up Paying Nearly Double What You Would When Owning

Water boiler rentals are typically charged at $160-$200 per month. You can own it for half the price at $74 per month. A big difference in savings over time, so owning becomes significantly more economical.

• GTA Homeowners Are the Normal Prey

Because of the size of homes in the GTA and surrounding homes, they go with boilers -that’s what they have to work with. And again, it makes the GTA homeowners a target for rental companies to take advantage of by pushing their overpriced rental programs.

• Scaring with Big Repair Bills

These rental companies use these scare tactics on unsuspecting homeowners to justify their high rental prices by stating that owning a boiler will result in unexpected high-priced repairs.

How Much Does It Cost to Own A Combi-Boiler?

Cost-wise, in Ontario many residential homeowners have to engage in a choice between renting and owning a combi-boiler. The price to rent one is typically $160 per month, and that might seem like a rather reasonable enough price actually, but over time it adds up without any kind of equity in investment.

In contrast, with a combi-boiler, you will save on funds. LG Home Comfort has plans where you pay as low as $74 a month; it also gives you long-term savings with the peace of mind of owning your heating system.

Benefits of Owning Your Own Combi Boiler

There are numerous benefits associated with owning a combi-boiler:

1. Cost Savings: The monthly expenses or dues for ownership are typically less than those for rental fees.
2. More Valuable Property: A new, high-efficiency heating system adds more value to your home.
3. More Control and Independence: As an owner, you have the final say on decisions relating to the servicing and repairs of your appliance.
4. No Long-Term Rental Scams & Contracts: When you own, you’re not locked into long rental contracts with buyouts.

How to Determine Boiler Efficiency

A boiler’s efficiency is one of the key factors you should consider when selecting a combi-boiler. Following are some key indicators of efficiency:

1. Seasonal Efficiency of Domestic Boilers: Look for an ‘A’ rating, that defines high efficiency.
2. AFUE (Annual Fuel Utilization Efficiency): The higher the AFUE percentage, the more efficient it is in terms of energy.
3. Condensing Technology: Modern combi-boilers have condensing technology to recycle heat from flue gases and improve the boiler’s efficiency.

How to Select a Combi-Boiler for Your Home

The type of combi-boiler you will install in your house will largely depend upon some fundamental factors, including:

1. Number of People: in addition to evaluating the number of bathrooms and radiators.
2. Water Pressure: You must check whether your mains pressure is suitable for this kind of boiler.
3. Energy Efficiency: Ensure that you look for a boiler with a high-efficiency rating.
4. Space: Consider the measurement of the space available.

When Should You Buy A New Combi-Boiler?

You probably should end up buying a new combi-boiler if:

1. Your Current Boiler is Over 15 Years and Inefficient: In case your boiler is old and inefficient, you should consider replacing it. An older boiler extracts less energy and hence proves to be more costly, especially on utility bills.
2. Facing the Rental Scam and Rental Maintenance Issues: In case you are locked into any rental agreement which is costing you highly in terms of money with unreliable maintenance, then that is a telling sign to switch over to owning your boiler. Get freedom from all the expenses and problems arising due to the rental trap; instead, invest in owning your combi-boiler.

Why LG Home Comfort? Great Value and Affordable Plans

Plan 1: Unbeatable Combo Offer – Your Ultimate Combi-Boiler Bundle

1. Only the best offers are proposed by LG Home Comfort: to own a Combi-Boiler with a Water Softener and an RO System that is designed—all in a bundle to provide the maximum comfort and efficiency for any home.
2. Get a Combi Boiler, Water Softener, and RO System for $99 per month: This combo pack will get your house fitted with an efficient heating system, soft water, and purified drinking water. This combo usually rents for $200 per month; but with us, you will own all three products for $99.
3. Superior Home Comfort: Pack these key home systems into this package—assuring you ultimate service in comfort, health, and efficiency in living. It will perform together in sync to bring things that are easier and more convenient.
4. Savings Over the Long Term: Acquiring this whole package saves you money not only in monthly rates but also on frequent maintenance issues and extra charges related to the rent option.
5. Quality Assurance: Each product in the pack has a 10-year parts and labor warranty, so you have guaranteed long-term performance
6. Professional Installation Free: Our certified technicians will install to ensure everything is in place, appropriate, and efficient. This hassle-free service offered is in line with our promise of first-class customer satisfaction.

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Plan 2: Solely Combi-Boiler Ownership

“At LG Home Comfort, we believe that home comfort solutions should be affordable and accessible to everyone.” Here is a list of the benefits of our purchase plans in comparison to the competition.

1. It’s pocket-friendly: With as little as $74/month, you can fully own your new boiler, a price much lower than the average rental cost of $160. This goes a long way in helping you save for future better things and avoid being taken advantage of in the name of rental agreements.
2. Value for money: By investing in ownership, you gather equity in your home rather than just paying for a rental service with no return. One is given a valuable asset that adds to the value of one’s home.
3. No Long-Term Contracts: When you own, you are free from restrictive, not to mention often very long, contracts that come with renting. Enjoy the freedom and flexibility of being in control of your home’s heating system.
4. Increased Home Value: Owning a new and high-efficiency boiler can enhance the value of your property in the market, which is a fiscally sensitive move.

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Commitment to the Advantages of Ownership

We believe in ownership benefits. With LG Home Comfort, you will enjoy:

1. 10-Year Parts and Labour Warranty: Complete peace of mind with far-reaching cover
2. Installation Included: Our price includes professional installation meaning you need to concern yourself with nothing.
3. Lower Long-Term Costs: When you own your heating system, the long-term cost is significantly cheaper than rental.

Conclusion

A combi-boiler is a worthwhile investment for any Ontario homeowner. Not only will it bring considerable savings, but it will also help increase the value of the property and give financial freedom to you as the owner. Affordable plans and complete coverage with LG Home Comfort will grant you the peace of mind that comes with having a reliable and efficient heating system, not to mention avoiding the pitfalls of rental scams. Enjoy year after year of comfort and warmth in your home by choosing to own.

FAQs

1. What are the benefits of a combi-boiler over a traditional boiler?

A combi-boiler provides both heating and hot water on demand without the need for a separate water tank, saving space and offering improved energy efficiency.

2. How does a combi-boiler work?

A combi-boiler operates by drawing cold water directly from the mains supply, heating it instantly through a heat exchanger. When you turn on a hot water tap, the boiler’s sensors detect the demand and ignite the burner. This process heats the water as it flows through the heat exchanger, delivering hot water directly to your tap or shower. For central heating, the combi-boiler heats water that circulates through radiators or underfloor heating systems.

3. Can a combi-boiler support multiple bathrooms?

Yes, a combi-boiler can support multiple bathrooms, but it’s essential to choose a model with the appropriate flow rate and capacity.

4. Is it difficult to switch from a traditional boiler to a combi-boiler?

Switching from a traditional boiler to a combi-boiler involves professional installation, but it is a straightforward process for qualified technicians.

5. How long does a combi-boiler last?

A well-maintained combi-boiler can last between 15 to 20 years, depending on usage and maintenance.

6. What are the benefits of owning a combi-boiler versus renting one?

Owning a combi-boiler is more cost-effective over time, offers freedom from long-term contracts, increases your home’s value, and gives you full control over maintenance and repairs.

7. How does LG Home Comfort’s ownership plan compare to rental plans?

LG Home Comfort offers a new Combi-Boiler with a Water Softener and RO system for $99 per month, significantly lower than typical rental costs of $200, with the added benefits of a 10-year parts and labour warranty and professional installation included.