Are you interested in installing an air source heat pump in your home or property? If yes, then you’d probably want to know just how much this is going to cost. Well, so are many other potential investors in the unit and we aim to answer this question once and for all. In this post, you’re going to discover the price range at which your new air source heat pump will fall in.
As simple as it seems, the cost of an air source heat pump can’t be accurate and straightforward as there are a number of factors that greatly influences the price. These influencing factors include the size of the heat pump, the system’s complexity, your personal preference - whether simple or advanced controls, and lots more. However, according to Energy Saving Trust, an air-to-water heat pump should fall within the range of £7000 to about £11000. What’s more? You’ll also need to put into consideration the cost of upgrading your radiators or fitting underfloor heating which can also cost you thousands of pounds.
In general, the main cost of a heat pump is the upfront cost of making a purchase as well as installing it. The heat pump will consume a little amount of electricity and the running costs are also relatively low. The amount your air source heat pump will cost largely depends on your home’s size, the temperature you want your home or property to be as well as how properly insulated your home is.
The period of time it’ll take to recoup your investment in the system in energy savings will also depend on a wide range of factors including the price you pay for electricity, how efficiently the system works, how you use the heat generated and more.