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With the UK's commitment to achieving net-zero emissions by 2050, renewable heating solutions like air source heat pumps (ASHPs) are becoming increasingly popular. But beyond environmental benefits, one of the main questions homeowners ask is: "How much will it cost and what financial help is available?"
In this blog post, we'll explore the costs of installing an air source heat pump, the government grants available, energy bill savings and how Unitherm's MCS Umbrella Scheme can make accessing support even easier.
How Much Does an Air Source Heat Pump Cost?
The cost of installing an air source heat pump typically ranges between £7,000 and £13,000 depending on the size of the property, heat demand and system specification. While this is a significant investment, it's important to view it in the context of long-term energy savings and financial incentives that significantly reduce the upfront cost. It’s also important to remember the government offers financial support in the form of the BUS Grant. Learn more about this below.
What Are the Benefits of Air Source Heat Pumps?
- Lower Energy Bills: ASHPs are up to 300% efficient, producing more energy than they consume.
- Reduced Carbon Footprint: They offer a cleaner, greener alternative to fossil fuel heating systems.
- Low Maintenance: Modern units require minimal servicing compared to traditional boilers.
- Eligibility for Government Grants: ASHPs are supported by schemes aimed at making low-carbon heating more accessible.
Government Grants: The Boiler Upgrade Scheme (BUS)
The UK government is offering a £7,500 grant towards the cost of installing an air source heat pump through the Boiler Upgrade Scheme (BUS). This non-repayable grant is designed to help homeowners switch to low-carbon heating technologies. The grant is paid directly to the installer, reducing the upfront cost for the homeowner.
How Much Can You Save on Energy Bills?
By switching from a traditional gas or oil boiler to an air source heat pump, households can save between £300 and £600 per year on energy bills, depending on the efficiency of their current system and tariff. Over a 10-year period, that can amount to savings of over £3,000 - £6,000.
Special Tariffs for Heat Pump Users
Energy suppliers are starting to offer special electricity tariffs for heat pump users, which further reduce the running costs of these systems. These tariffs often include lower unit rates during off-peak hours, allowing homeowners to maximise savings when their systems operate most efficiently.
Accessing Grants Through the Unitherm Umbrella Scheme
At Unitherm, we understand that applying for grants and ensuring compliance with MCS standards can be complex. That’s why we offer the Unitherm MCS Umbrella Scheme, which allows non-MCS accredited installers to access the Boiler Upgrade Scheme on behalf of their customers.
With our support:
- We handle the grant application process.
- Ensure all installations are MCS-compliant.
- Deal directly with the Installer to provide the homeowner with peace of mind and a simplified experience.
Ready to Make the Switch?
Now is the perfect time to transition to renewable heating. With generous government grants, potential bill savings, and support through the Unitherm Umbrella Scheme, an air source heat pump is not only a smart environmental choice but a financially sound one too.
Contact us today to learn more about your eligibility, and how Unitherm can help you or your installer access the funding you need to heat your home the low-carbon way.