How much do ground source heat pumps cost?

According to Energy Saving Trust, the typical cost of a ground source heat pump is around £24,000 for a horizontal trench installation, and £49,000 for a vertical system. Which? also offer a more detailed breakdown of costs and savings.

With the government's Boiler Upgrade Scheme, you could get up to £7,500 towards the cost of a ground-source heat pump. 

The average home could save up to £1000 per year on fuel bills with a ground source heat pump compared to a gas boiler, £2000 a year compared to electric storage heaters, £24000 compared to oil, and £3600 compated to LPG.