With today’s current climate, the requirement for an efficient commercial heat pump system has never been more prominent. With energy bills and prices reaching new highs across the country and families and businesses suffering as a result, it’s crucial to have the best ventilation solutions in place to keep you protected, no matter the season.
In the following article, we discuss the cost of air source heat pumps and how they can begin to benefit you and your home today.
Heat Pump VS Gas Boiler Running Costs
To replace a standard gas boiler (without benefiting the government) in a home or commercial building, it costs anywhere from £1000 to £3000. On the contrary, air source heat pumps can often cost anywhere from £7000 up to £18000 to replace.
On top of this large cost, air source heat pumps can cost as much as 40% extra to run in a poorly insulated house over that of a traditional boiler. Despite this, if the air source heat pump is installed and used correctly, it can offer an efficiency of three to four times more than a traditional gas boiler.
With the current cost of living crisis and electricity prices hitting an all-time high, the majority of people are reluctant to install a ventilation system in their home that is replacing gas, a lower-cost fuel (at the moment). However, with the high level of efficiency and stable heating temperatures, plus additional support such as the boiler upgrade scheme, the long-term gain of an air source heat pump is a no-brainer!
On top of this, the government introduced a scheme during their Spring Statement in March that stated there is no VAT charge for customers having certain energy-efficiency products installed in their homes. This means that the upfront cost of installing an air source heat pump is cheaper, therefore saving money.
What Makes Heat Pumps Expensive?
Air source heat pumps are powered by electricity, which is currently the most expensive energy source in Great Britain. With the sharp increase in cost over recent years, this price of electricity includes carbon taxes, as a result of contributing negatively via carbon emissions to the environment, plus subsidies to support low-carbon energy projects.
Air source heat pumps also require a longer run time than other heating systems to provide a comfortable temperature in the building; this is due to the release of a lower temperature than a gas boiler or radiator over a longer period, creating a steady increase in temperature rather than exerting all fuels to reach a temperature fast, potentially costing more.
Despite this, air source heat pumps prevent a yo-yo in temperature and a lesser need for adjusting settings throughout the day. This means you can set the temperature for the heat pump and let it do the rest without worrying about adjusting the temperature!
Are They Worth It In the Long Run?
Air source heat pumps are a useful fixture to have in a home or office all year round. These heat pumps aim to provide an efficient heating solution in the winter months and convert to an air conditioning system come the warm summer months. This ultimately negates the need for multiple ventilation systems in one space and makes use of one unit to cover all bases.
There is also a benefit to replacing an older, more expensive system with an air source heat pump. Systems such as electric storage heaters, oil, LPG (liquefied petroleum gas) or coal could reap great benefits from being replaced by an air source heat pump, including saving money on your heating bills.
Save Money with Air Source Heat Pumps from Accurate Mechanical Services Today
If you are looking to upgrade your current heating solution with an air source heat pump, look no further than the installation services from Accurate Mechanical Services.
We are highly experienced in offering installation, maintenance and repair services for a multitude of ventilation systems. We would be more than happy to assist you in making the best choice for your home. Get in touch today!