How much do air source heat pumps cost?

According to Energy Saving Trust, a new air source heat pump can cost between £7,000 - £13,000, depending on the size of your home and type of pump needed.

The government's Boiler Upgrade Scheme means that you could save up to £7,500 of the cost and installation of an air source heat pump - making the cost more comparable to installing a new gas boiler. As heat pumps rise in popularity, we can expect prices to fall further.

The average home can expect to save up to £910 on heating bills compared to an old gas boiler, £1900 when compared to electric storage heaters, £2200 compared to an oil boiler, and £3400 compared to an LPG boiler.