In this post, we’ll take a closer look at air source heat pump prices and how it affects the cost of your energy bills over time.
Broadly speaking, air source heat pumps cost between £8,000 to £14,000 in the UK. As with any new installation, the actual price of your air source heat pump will depend on a few factors:
Air source heat pumps come with different outputs, generally ranging from 6kW up to 13kW. Those with larger outputs will produce more heat, which is necessary for larger homes or commercial properties. Needless to say, the cost of a larger air source heat pump will exceed the price of a 6kW model.
To remain a permitted development, an air source heat pump must be installed at least a metre from your property’s boundaries to ensure it doesn’t affect any neighbouring properties. It also needs to be on a flat surface, which can be either the ground or a flat roof.
While it can be tempting to choose a provider solely on the air source heat pump price they offer, it’s important to find a company that’s fully accredited, qualified and experienced. This includes:
Another important factor to consider is how much of the air source heat pump cost you get back. First and foremost, through the reduced cost of your energy bills. After all, having your own source of renewable energy makes you less reliant on the gas or electric heating you’d normally pay for.
On average, it’s estimated that you’ll save around £1,350 every year after having your air source heat pump installed, for an average four-bed detached house. That means, based on the prices outlined above, it could pay for itself in as little as five years.
On top of that, there’s the money you get back through the Renewable Heat Incentive (RHI). Launched in 2014, the RHY scheme rewards people who generate their own renewable heat. It applies to biomass boilers, solar panels, biomass pellet stoves, ground to water heat pumps and – you guessed it – air source heat pumps.
With 28 payments spread out over seven years, you could make back up to £13,000. By that point, the cost of your air source heat pump has certainly been reimbursed – with plenty to spare.
While our guide to air source heat pump costs can give you a rough figure, the best way to find out how much it would cost is by contacting our team. Call us on 0800 292 2343 or email [email protected] to arrange a free, no obligation quote. Operating throughout South Yorkshire, we can provide expert advice when it comes to your RHI application.
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