Air source heat pumps cost.

How much does a heat pump cost?

When it comes to heating your home, you want something efficient, eco-friendly, and kind on your wallet. But what’s the real deal with the cost of heat pumps? Let's talk about why heat pumps are causing a stir, and how they might just be your home's next favourite upgrade.

Breaking down the costs of air source heat pumps.

The cost varies depending on the size of your home and the type of heat pump, but the government's £7,500 Boiler Upgrade Scheme (BUS) grant¹ can significantly reduce the price you pay.

Before the grant, a typical installation costs around £12,000. However, once the grant is applied, the final cost for a three-bedroom house, including the heat pump, hot water tank, and radiators, is typically around £5,000. For example, our installation costs, inclusive of the BUS grant funding, range from £4,486 (for a 2-bed Bosch) up to roughly £5,604 (for a 4-bed Vaillant).

However, there's no one-size-fits-all answer, as the price can vary depending on other factors such as the type of heat pump, and installation costs. The best way to know for sure is to get a personalised heat pump quote, as we'll work with you to find the best fit for your budget. Plus, there are financing options available, like 0% APR* interest free credit for up to 2 years, that can make things more affordable.

Can you get funding for a heat pump?

You can indeed! Because the government want you to switch to cleaner heating, they're offering grants of up to £7,500 to help cover the cost¹ (subject to eligibility criteria).

Who can apply for air source heat pumps on finance?

To be eligible for the solar panels on 0% APR* finance scheme for up to 2 years, you need to meet the following criteria. Terms and conditions apply:

• Minimum age of 21 age when you apply and under 79 years at the time the agreement ends.

• You must be a UK private resident with at least 3 years continual address history and be a named owner of the property where the product is to be installed.

• Have a minimum individual income of £12,000.

• That income must come through permanent employment (including self employment), of at least 16 hours per week, or other means (pension, rental income).

• Payments must be made by Direct Debit and so you must have a UK bank account held in your name and which supports Direct Debits.

• Have a good credit history.

• Have a valid email address.

What are the running costs of an air source heat pump?

Now, let's talk about what happens after heat pump installation. How much will it cost to keep your new heat pump running?

Air source heat pumps are known for their efficiency. They can provide up to three times the heat energy they consume in electrical energy. This efficiency translates to lower running costs, compared to traditional heating systems. Typically, you might expect your electricity bill to increase slightly, but this is often offset by a significant reduction in your gas bill – or the elimination of it altogether if you’re switching from a gas boiler. Explore more about heat pump running costs.

What is the cheapest way to get a heat pump?

Finding the most cost-effective path to a heat pump involves a combination of grants, professional installation and aftercare. Plus, if you're an E.ON Next customer, you're eligible for £200 off your quote just for being with us!

Why is the price of a heat pump so high? 

The initial cost of an air source heat pump can seem like a hurdle. Let’s break down the reasons and see why investing in a heat pump can still be a smart move.

ASHPs contain some advanced components, like compressors and heat exchangers, which can add to the cost. However, these components also contribute to their impressive energy efficiency.

A proper ASHP installation requires skilled engineers and can be more complex than a boiler swap. This adds to the initial cost, but it ensures your system works at its best from day one.

Explore grants and incentives.

• Take advantage of government schemes.

• Shop smart: Use reputable providers like us, who are regulated and professional. Your investment needs to be in good hands.