How much will your heat pump cost?

The number one question we are asked when customers are considering installing an air or ground source heat pump is “how much will it cost me”?

The cost of your heat pump depends on many factors:

  • The size of your house
  • The number of bedrooms
  • Age of property
  • Age of your heating system
  • Insulation level

Here are some examples of homes and the costs involved.

Air Source Heat Pump, Biggar, Scotland.

Type of house Detached
Age of house 15 years
Number of bedrooms3
Size 192m2
Heat pump choice Air source Nibe
Install cost 8kW ASHP
Est funding £10.000
Running cost £1,041 per annum
RHI income* £8,400
RHI new income rate £11,332

*Based on the old RHI income

Ground Source Heat Pump, Peterculter, Scotland.

Type of house Terrace
Age of house 15 years
Number of bedrooms5
Size 257m2
Heat pump choice Ground source
Install cost Idm 15kW HGL
Est funding £10,000
Running cost £1,345 per annum
RHI income £28,933

To read more examples of heat pumps we have previously fitted download our guide now.

Also includes information about the Renewable Heat Incentive payments and financing your heat pump.
Download your guide now