With the increase in heat pump deployment, the UK government grants make this renewable energy source even cheaper to run and reduces the burden of air source heat pump costs . The International Energy Agency, in their latest special report, stresses that no new gas boilers should be sold after 2025 if Net Zero targets need to be achieved by 2050.
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Due to the weather scenario, the heat pump will need 3,928kWh of electricity for space heating at a cost of £550 and another £460 to produce domestic hot water, thus ending up with a total of £1,010 per year. The reduction in air source heat pump running costs would be only 3.5% in comparison to a gas boiler
Air source heat pumps are one of the most efficient ways to heat your home, making the running costs far lower than what you’d typically pay for your heating system. According to Energy Saving Trust, it costs about 4.6p per kWh to heat a home with gas and about 9 -16p per kWh with standard electric heaters.
The pump uses electricity to run, but it should use less electrical energy than the heat it produces. This makes them an energy-efficient way to warm your home. Air source heat pumps work even if the temperature is well below zero.
The simple reality is that heat pumps, both ground and air source are not cheaper to run than a conventional gas boiler. On the contrary, without government subsidies they are considerably more expensive. It is true that they are much cheaper to run than conventional electric heating systems, but that is another matter entirely.
How much does an air source heat pump cost to run UK?
According to Energy Saving Trust, it costs about 4.65p per kWh to heat a home with gas, 4.82p per kWh for oil, 7.70p per kWh for LPG and about 20.06p per kWh with standard electric heaters. Whilst a typical air source heat pump might cost about 5.73p per kWh to run.
Is an air source heat pump Cheaper Than gas UK?
The air source pump will work out cheaper long-term and you can claim much of the initial cost back through a grant but the gas boiler is cheaper up front. What’s best for you depends on your priorities, whether long-term or short-term.