Not necessarily. Conversion efficiency is ≥98%, but electricity generally costs more
per unit of heat than fuel, so for continuous high-load operation a fuel boiler usually
has a lower operating cost. Electric boilers win on zero point-of-use emissions, no air
permit, fast installation, small footprint, and precise control. Whether total cost is
competitive depends on your local electricity tariff, load profile, and element
replacement over time — share your tariff and we can compare for your specific case.