More and more of us are looking into ways of heating our homes more sustainably, wanting to avoid reliance on fossil fuels such as oil and gas. Air source heat pumps are one such solution, with the benefits being that they are more sustainable and hopefully, will save us money on heating our homes in the long run. Indeed, the government has set an ambitious target of installing 1.6 million air source heat pumps annually by 2035.
Air source heat pumps work by taking in air and turning it into a liquid. They then warm this liquid via an exchanger in the heat pump, raising the temperature.
Are they just too costly?
But is the cost of air source heat pumps prohibitive when it comes to affordability for most people? Of course, the initial outlay can be reasonably high as an air source heat pump can cost up to £10,000. However, many households across the UK have taken advantage of the government-backed BUS or Boiler Upgrade Scheme – this gives households a grant of up to £7,500 to put towards a sustainable heating solution such as an air source heat pump
Still, it is a cost which of course will be prohibitive for some. But energy providers and heat pump installers such as https://gsmlimited.com/services/air-source-heat-pumps are encouraging households to look at the bigger picture, which is that air source heat pumps can prove to be very cost-effective over the years.
What about long-term savings?
Presently, air source heat pumps are more efficient than old-fashioned boilers and as a result, they can save householders a few hundred pounds each year, with greater savings achievable if combined with solar panels. Most importantly, owners of air source heat pumps may qualify for a green mortgage, reducing their mortgage interest which may add up to a considerable sum in the long run.
Fortunately, the forecast is good. Experts predict that the cost of installing an air source heat pump will reduce over the coming years as they become more mainstream and the technology continues to improve.
