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2019-6-6 · The typical cost of owning a gas boiler (in a well-insulated, 3-bedroom, semi-detached house) is around £720 per year, reports Which? Oil boiler installation cost. An oil boiler system works in a similar way to a gas system, but it uses an oil-fired boiler to heat water, which provides the central heating via radiators and hot water through taps.

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