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Whether installing an air source heat pump will help you save money depends on your property, how long you expect to live there, and the type of heat pump you get.

Air source heat pumps are initially quite expensive to install. However, if you get an air-to-water air source heat pump, you’re eligible for money from the Renewable Heat Incentive [https://www.energysavingtrust.org.uk/scotland/grants-loans/renewables/renewable-heat-incentive] (RHI). This is a UK government scheme that gives you quarterly cash payments over seven years if you install an eligible renewable heating technology (air-to-air air source heat pumps aren’t included).

All this means that if you have long-term plans to stay in your property, then an air-to-water air source heat pump can be a great way to save money on your heating bills. However, if you’re planning on moving out of your property relatively soon, or are a considering an air-to-air air source heat pump, it may not be the best financial option for you.

It’s important to remember that air source heat pumps are at their most efficient when installed in very well insulated properties. If your property’s not very energy efficient, you may find that a heat pump won’t help you save money.

If you’re interested in getting a new air source heat pump, then you’d probably want to know if they’re really advantageous, cost effective and efficient. The fact is, there are a plethora of benefits that comes with using heat pumps which is a renewable alternative to warm up your home in the UK.

An air source heat pump can help you save money on energy bills while also minimizing your carbon footprint as compared to a gas or electric heating system. Another important benefit that comes with air source heat pump is the fact that they’re quire versatile and yet affordable. Generally, they can function either for heating or cooling purposes and they can also be incorporated for either heating of space or water. In fact, in order to achieve the target Net Zero by 2050, the UK government are looking to fit 19 million heat pumps in new builds. With significant rise in the deployment of heat pumps, the grants by the UK government enables this renewable energy source to become a lot more affordable to run while also helping to minimize the burden of the air source heat pump cost.

As perfect as it seems, this renewable source of energy also comes with a number of disadvantage which we’re going to list out. Let’s take a look!

• There must be sufficient space outside the house to accommodate the external condenser unit.
• The condenser unit can make a lot of noise and even blow colder air into their immediate area.
• Since they consume electricity to operate, this also means they’re not zero carbon unless the electricity is produced from a renewable source like solar panels etc.

Are you thinking about installing a solar thermal system in your home? If yes, the you’d most likely be wondering the exact amount the system is going to cost. Well, you’re not alone. This is one of the most common question when it comes to solar thermal systems and we aim to answer that in this article. So let’s get started!

Unfortunately, the cost of a solar thermal system can’t be given in a single, accurate answer as they vary widely. However, when getting a new solar thermal system, you can expect to pay a sum within the range of £3000 to £6000 ( this includes a lowered VAT rate of 5 percent). The figures provided takes into account the installation costs as well as all the parts ( such as control panel, solar collectors, hot water tank and pipes).

To determine the price of your system, the quality and type of the panels matter. For instance, according to the Solar Trade Association, a properly insulated twin coil cylinder system would be priced at around £4500. in the same tone, it’s also possible to get DIY solar thermal kits that includes all the required hardware which will cost within the range of £1500 to £250. This however, may not be eligible for government support. In order to benefit from the RHI, your system must be fitted by a MCS accredited installer.

The varying prices of the solar thermal system’s initial cost is based on the specification of each individual house. For example, in situations where the building is having complicated water system, the plumbing cost is expected to increase which will have a serious impact on the overall cost of the solar thermal power system.

The more you’re at home during the day, the more you can save on your electricity bill, since solar panels generate electricity during the day. The Feed-in Tariff scheme (FITs) ended in March 2019, but the new Smart Export Guarantee (SEG) pays you, via your energy supplier, for the electricity you export back to the grid. With the savings involved in generating your own electricity and SEG payments, you can expect to save up to £390 per year on your electricity bill.

If you’re thinking about installing a solar thermal system in your house, it’s always important to put into consideration numerous factors before you proceed. While some solar thermal systems are suitable for use at home, there are also some that are suitable for businesses or organizations which normally requires a big amount of hot water like hotels, restaurants, schools, hospitals and many more. You’ll also find some types available in the market that are suitable for communities to satisfy communal hot water demands.

It should, however, be noted that solar thermal systems do not have the capacity to produce all the hot water demand of a house. In the UK, an average household will need an annual water heating of between 3000kWh to 5000kWh. Whereas, a solar thermal system is only able to meet about 40 percent to 60 percent of this demand.

With that in mind, it’s also worth noting that during the summer months when the solar radiation is at its peak and hot water demand is relatively lower when compared to other seasons, a solar thermal system may be able to provide all of your household’s hot water needs. This implies that during this period you may not find the need to operate your boiler at all. However, during winter or colder months, when you have a higher hot water demands in contrary to a lower solar radiation, a solar thermal system will only be able to take care of about 20 percent of your household’s hot water needs. And that ultimately implies that during this period, you’ll need to rely more on a alternative or backup source of heat like gas, coal, electricity, oil or LPG.

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.

Obviously the performance of a solar thermal system will vary depending on the location of the home, the insulation of the property, and your own hot water requirements. Solar thermal panels are capable of providing all of your hot water requirements from April to September. They will still make a contribution to your hot water needs for the rest of the year, but in general you will need a backup system to further heat the water in the colder months.

If you look after your air source heat pump, it can last for over 20 years. Make sure you check it every year and get a registered or qualified installer to check it every 3-5 years to prolong its life. If in doubt, check the manufacturer’s maintenance instructions.