Is It Worth Getting An Air Source Heat Pump
- Posted by:
- Air Source Heat Pumps, Energy Costs, Heating
- Posted date:
Should I get an Air Source Heat Pump? In this article we discuss the advantages and disadvantages of Air Source Heat Pumps to help you conclude whether purchasing one is the right option for you.
Are Air Source Heat Pumps Worth It?
Residents of the UK use many appliances to heat their home or property, primarily through the two main types; gas and electric. However, air-source heat pump systems are another slightly more environmentally friendly way of producing stored heat. There are a vast number of reasons why heat pumps are worth the investment, for example:
The changing cost of energy
Air source heat pumps are often 300%-500% higher in efficiency than gas and oil boilers; however, they are predominantly powered using electricity, which currently costs around 28p per kWh in the UK. Yet, times are drastically changing; wholesale gas prices are rapidly rising by approximately 335% over the previous year and are only getting higher as we enter a period of inflation.
The average gas prices in 2030 are estimated to be 50% higher according to the CCC (Climate Change Committee), which is far more expensive than what it is currently. As the cost of gas grows substantially, electricity is only getting cheaper. Many involved in these predictions have not included such calculations for 2050, yet the UK government's NIC (National Infrastructure Commission) estimates that the cost of electricity could rise to 12.8p per kWh.
Such inane predictions are shifting the UK resident's opinions and gearing them towards a more renewable energy alternative to gas boilers, which is a no-brainer. You can save more money by investing in solar panels that will provide efficient power to suit your electricity and heat pump needs.
The RHI (Renewable Heat Incentive) is a government grant that has been closed since the end of March 2022. For those that gained access to the RHI before this, the UK government will offer quarterly payments for roughly seven years. The electricity estimate of your heat pump is the amount you would likely receive.
The previous RHI tariff was approximately 10.92p per kWh, which is often looked upon highly compared to the top rate gained with Smart Export Guarantee, which is 5.57 kWh. Since April 2022, it has been replaced with the BUS scheme, which will successfully dwindle the costs of your air-source heat pump installation from local installers, reducing them by £5,000. It will also reduce new ground heat pump prices to around £6,000.
Your air-source heat pump generally costs around £10,000 to purchase and have installed outside and inside your home. However, this is largely dependent on the central heating system set up in your property or household, the costs can begin to rise. Heating your property or home with a gas boiler often costs around £27,500 over the course of 20 years; however, using a standard air-source heat pump can save around £100, as the overall cost in 20 years amounts to £27,400.
We recommend that professionals thoroughly replace your heat pump every 20 years, but you must consider replacing new gas boilers within the next 10 years; otherwise, they could become inefficient, faulty or dangerous. To deliver heat to your home using a gas appliance will only mean that you are expected to pay another £3,250 whilst your non-existent heat pump would be entering the next decade of its lifetime.
Overall, a heat pump is far cheaper than current gas and electric prices in the UK. Low-income families can even invest in grants that will assist them in payments of their heat pump.
The gas boiler ban
The natural gas boiler ban proposed by the eco experts has caused the creation of the Boiler Upgrade Scheme (BUS). It coincides with the target to install approximately 600,000 heat pumps in UK homes by 2028, yet the government have not committed to a specific date for the ban.
Eco Experts have refused to comment on the speculation or say whether any date was set for the ban. They have expressed their wishes to decarbonise heat and buildings by using and curating a comprehensive strategy that will reduce the burning of fossil fuels to such as extent.
They want to ensure the transition into the new BUS system is affordable, fair and practical. It now appears that they will put the gas boiler ban into action around 2035, meaning that hopefully, by 2040, there will be an almost complete stop to gas heating. Many Brits were enthusiastic about the news, and approximately 62% of UK residents said they would prefer the government to move away from gas as a means of heat by investing in more green technologies and power sources.
Contact your local energy provider company if you wish to quicken the process by finding a heat pump that perfectly suits your home. The experts on board will get in touch, offering their best prices and competitive rates, alongside free quotes.
Growing demand and increasing efficiency
When the government announced the BUS (Boiler Upgrade Scheme), they pointed out the increasing popularity of heat pumps among the general public.
Many explained that they expected numerous applicants to opt for air source heat pumps during the transition to heat more suitable for low carbon emission, as these are typically of a lower cost than other alternatives. It can usually reflect the heat pattern under the RHI, wherein 81.5% of domestic installations curated in 2019 that were due to air source heat pumps.
It's highly likely that whilst the demand for ASHP systems rises, so will your supply, which means the manufacturers will drastically reduce their prices over the next few years. Heat pumps will become even more energy-efficient and improved over the years.
The average rate of the ASHP systems is approximately 300%, yet the most significant models have hit around 500%, meaning you would net far higher energy bill savings regarding the machine's lifetime. If you join these savings amounts with the impending gas boiler ban, it makes sense to purchase a heat pump.
What Is an Air Source Heat Pump?
The air source heat pump is a box no more significant than an armchair and is effectively placed at the side of your property. It can dramatically transform the cold air outside your house into domestic hot water or heating that floods through your underfloor system and heat radiators.
It can convert air temperatures into degrees as low as -20°C, at which you can successfully provide hot water to use or store for a later date. They also work in reverse and produce cool air, much like those that use air-conditioning units in the heat of the summer months.
You can even skilfully attach them to your property swimming pools and help heat the water of your indoor space.
Technicians can professionally install ASHP systems in a few short days; the maximum time for a domestic installation is usually two days. Your air-source heat pumps work and can last approximately 20 days with minimum maintenance. Be sure to clean your system monthly and have professionals provide a yearly service, including essential inspections.
Advantages of Air Source Heat Pumps
These are the key advantages of investing in air-source heat pumps that you should consider:
Disadvantages of Air Source Heat Pumps
These are the important disadvantages of investing in air-source heat pumps that you need to consider:
Are you considering air source heat pump installation in Essex, Suffolk and the surrounding areas? We have years of experience in providing tailored energy-efficient and affordable home heating solutions. So if you need any further assistance with air source heat pumps, follow the link below.