How Much Will an Air Source Heat Pump Cost You?
Heat pumps are widely known for their benefit of providing homeowners with both cooling during the warm summer months and heating during the winter period. Many homeowners in the UK are opting for air source heat pumps (ASHP) as a way to replace both air conditioners and furnace, but what is the real price of a heat pump?
The installation of an air source heat pump can be viewed as an expensive investment that can range between £8,000 to 18,000. Although a high installation price might make you question your decision, you should think about all the benefits of this renewable energy source.
The interactive graphic below illustrates how the process works. You can click each point to read about the steps in more detail:
If you are interested in buying an air source heat pump and are curious to know how much this will cost you, we are here to help you. The exact price for such a system varies from case to case, which is why you are welcome to tell us about your needs and preferences and we will connect you with our qualified suppliers. The service is free of charge and with no obligation. You can receive the quotes and decide which option, if any, suits you best.
What Are the Advantages of an ASHP?
There are several advantages of using an air source heat pump instead of traditional furnaces or air conditioners:
- Efficiency: air source heat pump uses only a small amount of electricity when reversing the natural flow of heat or cool and generates up to 3KW of heat for every kilowatt of electricity used. This means lower heating costs compared to a natural gas furnace or lower costs for cooling as compared to a central air conditioner.
- Comfort: heat and cooling produced by an air source heat pump will be less intense than other methods, meaning that you will not experience a sudden surge of heat or a blast of cold. In addition, new models of heat pumps will operate in extremely cold temperatures going down to -22 degrees Fahrenheit.
- Green energy source: an air source heat pump will help you in reducing your carbon footprint as it uses only a natural and clean source of heat. The amount of CO2 you will save depends on the fuel you are replacing. For instance, savings will be higher if you are switching from electric heating instead of natural gas.
- Cost-effectiveness: an air source heat pump can lower your fuel bills significantly, especially if you are replacing conventional electric heating.
How Much Can You Save with an ASHP?
Although the installation price could be quite high, it is estimated that an air heat pump can save an average of £350 a year if switching from a gas heating system or even £700 a year if it replaces an electric system. This environmentally friendly solution will save homeowners a significant amount of money on their standard heating bills. Further savings are assured if the system qualifies to receive benefits from the UK’s Renewable Heat Incentive.
Air source heat pumps cost depends on a variety of factors such as the size of your home, how well insulated it is and what room temperatures you are aiming to achieve. The savings made by switching to an air source heat pump will depend on your current system, as well as what you are replacing it with. Your savings will be affected by:
- Heating system: if you have the opportunity to decide on a particular system, opt for underfloor heating since it can be more efficient than standard radiators. If underfloor heating is not possible, use the largest radiators you can find.
- Fuel costs: although a heat pump requires air for power generation, electricity is still needed to power the heat pump. The amount of savings will vary depending on the fuel you are replacing.
- Current heating system: if your current heating system is inefficient, you are more likely to see reduced running costs with a newly installed air source heat pump.
- Controls: learn how to adjust the heating in order to get the most out of your heat pump. You will need to have your heating running for longer hours but adjusting your thermostat to a lower temperature may still provide the same comfort.
Savings for England, Scotland and Wales:
Savings for Northern Ireland:
Read more about costs for air source heat pumps.
What Financial Support Is Available?
If you invest in a heat pump you might be eligible to receive payments from the UK Government’s scheme, the Renewable Heat Incentive (RHI). This program is a measure under the UK government’s Green Deal aimed to provide financial benefits for the people that invest in renewable energy sources.
The program is divided into two different incentives: one for residential homes and one for the non-domestic, commercial sector. The overall aim of the governmental program is to help the UK achieve its goal of producing 12% of its heat from renewable energy sources by 2020. In contrast to the feed-in-tariff which is designed to provide households with additional income, RHI payments are meant to help offset the costs of installing and running a renewable heating system. Read more about RHI in our "Grants" section.
Find Suppliers for Air Source Heat Pumps
If we sparked your interest in air source heat pumps, and you would like further assistance and guidance regarding budgets and suppliers, we will gladly help you find all the information. Our service is free and with no obligations. Fill in the form on the right, and you will be provided with up to four professional installers with their offers. If you happen to like any of their offers, you are then free to choose the one you prefer. Get air source heat pumps prices now!