Quotatis | Heat Pump Advice

Heat pump cost guide

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Heat pumps fall under the renewable energy umbrella group and provide free, environmentally friendly energy which can be used to heat the home and water. There are two forms of heat pumps available domestically; geothermal (ground source) and air source heat pumps.

Air source heat pumps can absorb heat from temperatures as low as -15⁰C, so they work throughout the year, offering a route away from expensive National Grid energy prices.

Air source heat pumps are fitted to an external wall of the home where there is a natural flow of air. When gas and electricity prices are rising year-in year-out, homeowners are looking for opportunities to reduce their bills.

The Renewable Heat Incentive will also open for business in the summer of 2013, giving homeowners the chance to earn a fixed income for seven years by producing renewable heat.

Air source heat pump costs

Heat pump
Image from pinterest

An air source heat pump is the perfect way to slash your heating bills. They look similar to large air conditioning units and are fitted to the external wall of a property. Find out the costs and savings below:

  • Lowest price of an air source heat pump – £6,000
  • Average price for an air source heat pump – £8,000
  • Highest cost of an air source heat pump – £11,000

The prices above are intended to be a guide only. Individual installations will differ in cost so make sure to compare up to four heat pump quotes from companies in your area with our quick and easy service.

The benefits of air source heat pumps

There are a number of benefits associated with air source heat pumps. These would include:

  • Reduced energy bills

By generating your own heat with renewables you’ll reduce your reliance of National Grid energy prices, slashing the amount you’d be paying annually for gas and electricity. In fact, you could save up to £600 a year on heating bills with an air source heat pump.

  • A fixed income with Government scheme

In the summer of 2013 the Renewable Heat Incentive (RHI) is expected to open for heat pumps, meaning you’ll be paid for all the heat generated. The predicted rate of payment is between 6.9p and 11.5p/kWh, which will help to guarantee a profit on your installation.

  • Add value to your home

In today’s world homeowners want to reduce their bills as much as possible. If you come to selling-up in the future, the installation of a heat pump will do you wonders and prospective buyers will be keen on the energy saving potential your home offers.

 

Facts & Figures You’ll Love To Share

  • A heat pump is capable of generating enough heat to reduce your annual energy bills by up to £650.
  • The Government’s Renewable Heat Incentive will pay out hundreds of pounds a year for the renewable heat produced.
  • Cash grants of up to £2,000 are available to help fund the purchase of heat pumps.
  • As gas and electricity prices continue to rise, heat pumps will provide greater savings for the years to come.

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