How much do air source heat pumps cost?
A rough guide would be £1,000 for each kW that’s required to heat your home. Costs vary depending on the size of your home, how well insulated it is and how long ago it was built. For a 3 bedroom house built since 1960 it would probably cost around £6,000 for an air source heat pump plus around £2,500 for the installation. Then you need a special hot water tank and perhaps additional radiators, possibly another £3,000. Don’t forget the Renewable Heat Incentive is there to support you for using this energy saving technology. In many cases the money you get back will cover the entire cost of the heat pump installation. We can work out the figures for you onve we have the details of your property.
This is expensive compared to a traditional boiler but don’t forget a well designed heat pump installation can save up to 75% on your heating bills and the government will be paying you 7 years via the Renewable Heat Incentive for domestic installations and 20 years for non domestic installations. This payment is designed to compensate you for the additional cost of installing this carbon saving technology.