Geothermal and solar tend to cost the most at $6,000 to $40,000. Installing a typical system costs around £9,000 – £11,000. Domestic heat pump systems for your house, Air source heating vs. ground source heat pumps. The Energy Saving Trust estimates that the average ground source heat pump prices and installation costs are around £13,000–£35,000. Ground source heat pumps are the most expensive of the heat pump systems. Generally speaking, a horizontal system is cheaper than boreholes, as specialised equipment is not required. Heat pumps need some electricity to run, but the heat energy they absorb from the ground is constantly being renewed. Heat pump prices vary considerably. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. This is approximately 30 percent more than central heating and air conditioning systems, minus the duct system. Let your tradesperson know how they did. The average cost to install a heat pump is $5,613, typically ranging from $4,068 and $7,160 depending on the size of and type you need. more information Accept. You can find out more about the factors affecting the running cost of a heat pump and what you can do to minimise this cost by reading our in-depth article on saving money by installing a heat pump. An installer will come to your home to assess whether your home is suitable for a heat pump or not (ground source or air source). Considering you can receive up to £9,100 from the Domestic Renewable Heat Incentive (RHI) for an air source heat pump, and over £27,000 for a ground source system – not to mention savings on fuel bills – we certainly think so. Give it five years from now, no one who has thought about it will buy a gas boiler. As a general guide, the heat pump prices that you should expect to pay are: Costs are indicative and are stated for information use only. The Energy Saving Trust estimates that a typical air source heat pump installation will cost upwards of £6000, and a ground source system £10,000+. a waste of energy) in cold weather when you most need the heat? As an installation will typically take a few days to complete, the expected labour cost would be between £150-£250 per day, depending on factors such as the difficulty of the installation, time taken and where in the country that the work is being completed (as labour rates can vary regionally). The only way to find out how much it’ll cost for your home is to get an initial survey completed. Always speak to your local ground source heat pump experts for their advice. The only way to find out how much it’ll cost for your home is to get an initial survey completed. This in turn reduces the flow temperature required, so it’s great for maintaining a high efficiency. Grow your business! The installation cost of heat pumps is high. Considering you can receive up to £9,100 from the Domestic Renewable Heat Incentive (RHI) for an air source heat pump, and over £27,000 for a ground source system – not to mention savings on fuel bills – we certainly think so.*. The biggest chunk of the installation cost comes from the groundwork or drilling required to lay the heat exchange pipework. … One of our Technical Account Managers will soon be in touch for a quick chat before putting together a proposal, complete with performance estimates and indicative costs. The ground source heat pump is likely to cost around £6,000-£7,000, the balance being the installation cost which can vary significantly with the ground conditions. This is the main reason why ground-source heat pump installation costs are considerably more than air source heat pump installation costs. Learn about these factors if you want to maximise your savings without compromising on ability to keep your home warm. Heat pumps are a renewable heating option and homeowners can earn thousands with this incentive in the UK. An average ground source heat pump installation cost for a normal, non-commercial house falls within the bracket of £13,000–£35,000. For instance, you could be quoted for £1200 per kilowatt to install a small 5kW air source heat pump, but just £600 per kilowatt for a 16kW system. The costs of installing an air source heat pump can vary from £8,000 to £18,000, while ground source heat pump costs can range anywhere from £20,000 to £35,000. This is cheaper than some of the other heat pumps that are available on the market, making it an attractive choice. Check out top tips and expert advice for boosting your reputation online. Air Source Heat Pump Cost. Looking at heat pumps in isolation and expecting to use mains electricity isn’t the optimal solution. If you install a heat pump you can earn money through the Renewable Heat Incentive (RHI) government scheme. Taking it one step further, generating your own electricity would significantly reduce the running costs of a heat pump. Air source heat pump 7-year payments figure based on a 10.85p/kWh tariff rate. Additional costs apply for a hybrid furnace (+ $2,000 – $6,000), installing ducts (+ $2,000 – $4,000), or replacing an air handler (+ $2,000 – $3,500). Here’s an idea of what a ground source or air source heat pump’s running costs could look like per kilowatt hour of thermal energy. Having installed an air source heat pump last year and removed our ageing gas boiler I can genuinely say the house has never been so comfortable and with the mains pressure hot water system and larger tank we have never run out of hot water. Copyright © 2021 EVERGREEN ENERGY LTD. (Company Number: 07588438), By continuing to use the site, you agree to the use of cookies. The system have performed really well even on the coldest winter days. Tax credits and local rebates reduce the cost of many geothermal HVAC projects. However, with a ground-source heat pump comes the increased domestic RHI rates, and with it, the quicker payback period. At present, the UK is in a period of decarbonising its electricity supply chain. It’s at the installer’s discretion to charge for this initial survey. Making a decision such as this requires a lot of planning and research. For domestic projects, it offers eligible homes a subsidy that’s paid every quarter over seven years. The question is, are they worth it? These improvements can be renovating the garden if it’s a ground source heat pump, or improving the efficiency of the house by installing home insulation. Another factor affecting the cost is the way your heat exchange pipework will be laid down. Whilst the capital costs to install a heat pump will be higher than for a simple boiler, they can deliver lower running costs. 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