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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.

Air source heat pumps are a type of heating system that you can use to warm the air in your property. They’re a semi-renewable energy generator as, although they use electricity, they extract and use renewable heat from the air.

There are two main types of air source heat pump – air-to-water, and air-to-air. Air-to-water heat pumps are the most popular, and are best used to heat water that supplies underfloor heating systems or large radiators. Air-to-air pumps heat air, which is then dispersed round your property using fans.

Do you want a low carbon way of heating your home? Then, getting an air source heat pump is the way to go! What they do is pretty simple - they absorb the potential thermal energy present in the outside air and transmit it directly to the home or property where it’s going to be compressed and the heat transferred with the help of a number of coils. In other words, it functions by extracting heat from a cooler place and then uses it to raise the temperature inside a home or property. Being very similar to air conditioning units, the amount of heat they’re going to produce for your home or property will be dependent on the size you install. Therefore, the bigger the heat pump, the more the heat that’ll be generated.

Air source heat pumps have two main types which includes air to air and air to water. Air-to-water heat pumps works by absorbing heat from the outside air, then relays it directly into your home or property through the help of fans. In order to move the heat around your home, you’ll need a warm air circulation system. This type of air source heat pump are not eligible for the government’s Renewable Heat Incentive Payment as they can’t generate hot water. What’s more? They can function in reverse during the hot summer months.

Air-to-water heat pumps, on the other hand, operates by extracting heat from the outside air and transmitting it into the wet central heating system. Due to the fact that they’re able to generate heat that’s cooler than the one generated by a conventional gas or oil boiler, they happen to be a better fit for larger radiators or water underfloor heating.

Many domestic biomass boilers are no bigger than a standard gas boiler. However, they do require a flue, a feeder and a space to store the fuel. These can be designed to suit many different properties and will fit in lots of homes or a garage or outbuilding.

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.

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.

When you’re about to transform from the standard electricity to solar energy, what determines your solar system’s size is the amount of solar that’s required. The amount of solar that you’ll need, on the other hand, requires considering the end goal, be it to increase money savings, reduce environmental contamination, maximize Returns On Investment ( ROI), or just to copy what the neighbour’s done.

In order the determine the number of solar panels that is needed, the first step would be to calculate the number of kWhs that’s currently being used. A kWh is what’s used to determine the amount of energy that has been incorporated over time which the utility uses to bill you. What’s strongly recommended to create a suitable range is a 6 to 12 months average of your household electricity bill. Other factors that can play a key role in the determination of the number of solar panel needed include the following:

✓ Sunlight exposure hours. In order to know just how much energy your solar panels will generate, there’s a need to know the number of direct sunlight hours you should expect on a daily basis. For example if you stay in a region that’s usually very sunny, then it’ll be reasonable to expect more energy production per panel than regions that are usually cloudy.

✓ Angle and size of the roof. Roofs with a lot of workable space may require to let go of some efficiency opting for larger and cost effective panels to achieve the targeted energy. However not all homeowners have sufficient roof space or shade coverage for the solar panel they actually want. Also, the degree at which the roof slants will also determine if the sunlight is hitting the panels well enough and the amount of energy that can be generated thereof.

Air source heat pumps work by absorbing heat from the outside air and transferring it inside to heat up your property.

An air source heat pump has an outdoor unit containing a refrigerant. This absorbs heat from the air and passes into a compressor, where the temperature is increased. The heat then transfers either into water, which feeds into your wet heating system, or into air, which is dispersed around your property.

Air source heat pumps need electricity to run, but this is to power the compressor rather than directly generate heat.

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.