2. Air source heat pump costs
Air Source Heat Pumps

Air source heat pump costs

An air source heat pump (ASHP) could provide the solution to improved efficiency and long-term cost savings. 

When it comes to upgrading your heating, cost is sure to be one of the main considerations. 

 

Read on to learn more about:

 

  • How much an air source heat pump costs to install

  • Grants for having an air source heat pump

  • Daily running costs of an air source heat pump

  • Understanding coefficient of performance 

Advantages and Disadvantages of ASHPs 2

How much does an air source heat pump cost to install?

The total cost of having an air source heat pump installed varies according to specific aspects of the property. As a general rule though, according to the Microgeneration Certification Scheme (MCS), heat pumps cost around £14,000 to install when all aspects of the installation, such as upgrading heat emitters, are factored in. 

 

The process begins with a qualified installer carrying out an initial visit to your property. During this visit, they will look at: 

 

  • Your typical heating usage
  • The size of your home and room layout
  • The level and quality of insulation
  • Your existing heating system, including radiators and whether you have underfloor heating
  • The most suitable location for the heat pump
  • Location for your hot water cylinder
     

All of these factors, and others specific to your building, will lead to an accurate cost estimate for your installation. 

 

A zero rate applies to the installation of certain specified energy-saving materials from 1 May 2023 to 31 March 2027. From 1 April 2027 onwards these will revert to the reduced rate of VAT of 5%. Click here for more information on eligible energy saving materials.

According to the Microgeneration Certification Scheme (MCS), heat pumps cost around £14,000 to install when all aspects of the installation are factored in. 

Are there any grants for heat pump installations?

 

We understand that having an air source heat pump installed is a significant investment. However, you may be able to access support with the initial set up costs through the Government’s Boiler Upgrade Scheme. This provides eligible homeowners in England and Wales a discount of up to £7,500 off an air source heat pump installation. For homeowners in Scotland, the Home Energy Scotland Grant may be worth exploring and additional support is available for rural and island homes. 

 

The government recently announced a temporary BUS grant uplift of £1,500 for properties currently heated by oil or LPG. This brings the total grant available to £9,000 for ASHP installations and will be available from 21st July 2026 and is expected to run until end of March 2027.

 
When looking into grants to help with the cost of an air source heat pump, check the eligibility criteria carefully and look at other support options for home improvements, such as insulation and double glazing. 

Ready to have an air source heat pump installed? 

 

We’re here to help answer your questions about air source heat pump installations. Learn about our range of heat pumps below.