Heat pump heating and running costs.
Thinking about a heat pump? Curious about the costs? We're here to demystify it all. Let's dive into the nitty-gritty of how much it might cost you to run a heat pump, the savings you could see compared to a gas boiler, and all the benefits of cosying up to this modern marvel of home heating.
How much does a heat pump cost to run?
A heat pump can be a fantastic investment, but like most home upgrades, there's an upfront cost. While the initial installation can cost around £11,000 depending on your home's size and setup, the £7,500 Boiler Upgrade Scheme (BUS) grant helps significantly.2 Don't let the initial cost scare you off - the long-term savings can make everything worthwhile.
Heat pump running costs of a home.
Think of your home like a unique fingerprint - no two are exactly alike. That's why your heat pump running costs will depend on a few things.
The size of your home.
A cosy cottage will naturally cost less to heat than a sprawling mansion.
Your home's insulation.
A snug house keeps the heat in, which means your heat pump doesn't need to work as hard.
Your personal heating habits.
Do you like a toasty home or prefer things a bit cooler? We'll work with you to find the perfect balance.
Your current energy prices.
We'll help you crunch the numbers, so you have a clear picture.
Air source heat pump heating.
Air source heat pumps are like the superheroes of the heating world. They extract heat from the outside air - even when it's chilly - and use it to warm your home and water. And guess what? They're also incredibly efficient.
Air source heating cost.
So, how much are we talking? Typically, running an air source heat pump can cost around £450-£1,200 annually, depending on the size of your home and your heating habits. It is a bit like swapping out a gas-guzzler for a hybrid car - there is a noticeable difference in your day-to-day costs. Remember, if you are replacing your gas boiler with a heat pump, you will have no gas bills at all, only an increase in your electricity use, as your highly efficient heat pump runs on electricity.
Air source heat pump and underfloor heating cost.
Combining an air source heat pump with underfloor heating is like the dream team of home comfort. Underfloor heating works best at lower temperatures, which is exactly what heat pumps deliver. It is a match made in heaven!
How much could I save with an air source heat pump?
Now for the fun part: the potential savings! Let's compare your current heating system to a heat pump. Remember, these are just estimates, as every home will enjoy different savings, depending on location, age and level of insulation1.
Existing heating system | Annual fuel bill saving (£/year) |
|---|---|
Old (G-rated) gas boiler | £490 |
New (A-rated) gas boiler | No significant changes |
New electric storage heater | £1,200 |
Old (G-rated) oil boiler | £280 |
Old (G-rated) LPG boiler | £1,200 |
New (A-rated) LPG boiler | £550 |
Coal | £1,300 |
Efficiency of a heat pump.
Heat pumps are like the overachievers of the heating world. For every unit of electricity they use, they generate 3-4 units of heat. That is an efficiency of 300-400%! Compare that to even the best gas boilers, which max out at around 90% efficiency, and it is clear why heat pumps are the future of heating.
Getting your home ready for a heat pump.
Before you make the switch, there are a few things to consider to ensure your home is heat pump ready.
EPC rating for my house.
Your home's Energy Performance Certificate (EPC) rating plays a big role in how efficient a heat pump will be. Ideally, your home should be rated D or higher to make the most of a heat pump. If not, some insulation improvements might be in order.
Home insulation.
Insulation is key to a cosy home and an efficient heat pump. Loft insulation, wall insulation, and even underfloor insulation can make a big difference. The better insulated your home, the less hard your heat pump has to work - and the lower your running costs.
Why get an air source heat pump from us?
We are not just about energy; we are about making your life easier and your home greener. Here is why we are the perfect partner for your heat pump journey.
Expertise: Our team knows heat pumps inside and out. We will guide you through the entire process, from choosing the right model to installation and beyond.
Support: We are here for you every step of the way. Have a question? Need advice? We have got your back.
Peace of mind: We only work with trusted, professional installers who share our commitment to quality and customer satisfaction.
Ongoing support: Even after your heat pump has been installed, we are here for you if you need help.
Government grants for heat pumps.
Good news! There are government grants available to help with the cost of installing a heat pump. Schemes like the Boiler Upgrade Scheme2 can cover a significant portion of your installation costs, up to £7,500! This makes the switch even more affordable.
Ready to make the switch?
So, there you have it - everything you need to know about heat pump heating costs. Whether you are looking to save money, reduce your carbon footprint, or simply enjoy a more efficient heating system, an air source heat pump could be just what you need. Let's make your home a haven of warmth and efficiency together. Stay warm and stay curious!
Start your heat pump journey.
Ready to make the leap into efficient, eco-friendly heating? Get a no-obligation quote in just a couple of minutes.
The legal bit.
- 1. Potential annual savings are based on the installing of a standard air source heat pump in an average sized three-bedroom detached home. Savings are dependent on your property size, your household electricity usage, the current of any existing electric storage heater used and its age. Savings are dependent on the current oil/LPG system used, and their age. Figures are sourced from the Energy Saving Trust website.
- 2. The Government's Boiler Upgrade Scheme is valid for heat pumps that are commissioned from 1 April 2022. Unfortunately new build homes are ineligible for the Boiler Upgrade Scheme. Owner and property eligibility apply. To see the full eligibility criteria and exclusions, visit the Government Boiler Upgrade Scheme web page.