Costs, savings and financial support
Installing a typical system costs around £5,000 to £11,000.
Running costs will vary depending on a number of factors including the size of your home, how well insulated it is and what room temperatures you are aiming to achieve.
How much you can save will depend on what system you use now, as well as what you are replacing it with. Your savings will be affected by:
- Your heat distribution system. If you have the opportunity, underfloor heating can be more efficient than radiators because the water doesn’t need to be so hot. If underfloor heating isn’t possible, use the largest radiators you can.
- Your fuel costs. You will still have to pay fuel bills with a heat pump because it is powered by electricity, but you will save on the fuel you are replacing.
- Your old heating system. If your old heating system was inefficient, you are more likely to see lower running costs with a new heat pump.
- Water heating. If the heat pump is providing hot water then this could limit the overall efficiency.
- Using controls. Learn how to control the system so you can get the most out of it. You will probably need to set the heating to come on for longer hours, but you might be able to set the thermostat lower and still feel comfortable.