How much does an air source heat pump cost?

It’s very hard to give out an exact price for a heat pump as there are a number of different variables that could dictate how much a heat pumps costs. This might not be what you’re wanting to read however we can try attempt to give you a good idea and an explanation of what the costs are and what might affect the price.

The common misconception is that you can just swap out your old oil or LPG boiler for a brand new ASHP. However, this is not correct all the time. The first thing that we would need to know is if this is a retrofit or a new build/extension project. A Retrofit means to install new parts in something previously constructed. With a new build meaning that essentially, we would be working off a blank canvas.

An air source heat pump works at a lower flow temperature than a traditional boiler system. This means that your existing hot water cylinder and radiators might not be as efficient and may need to be upgraded for ones with a larger surface area to allow maximum efficiency.

Unfortunately ignoring this would mean that your ASHP wouldn’t be running at maximum efficiency and it would cost you more to run your system. An alternative solution would be to add underfloor heating to your property luckily at Swift we can provide this option as well.

A (rough) pricing guide.

Firstly, there is the supply of the air source heat pump, domestic hot water cylinder and ancillaries. This could cost between £5000-£9000 depending on the size and specification that is required for your property. We will be able to tell you roughly what size heat pump you require through floor plans and basic information about your property.

The second variable that would determine your price would be the install. Depending on the size of your property as well as the different variables the installation cost can fluctuate. In a retrofit project it might come down to how many radiators you need to change and if the existing pipework needs to be changed. Reusing the existing pipework and its infrastructure minimises disruptions which means that in most cases floorboards will not need to be pulled up to get to where the pipework is. In a new build installing an ASHP and domestic hot water system is very straight forward.

An ASHP works really well with underfloor heating and is often the preferred choice of heating for a property. Thankfully at Swift we are experts in both air source heat pumps as well as underfloor heating. With an extension its perfectly normal to keep your existing house with radiators that are suitable and sized correctly for your heat pump and have underfloor heating for the new part of your house. There is a variety of options that will affect your price and every job is different.

Are you eligible for the Boiler Upgrade Scheme?

Another factor to consider is the Boiler upgrade scheme (BUS). It is a government backed incentive that gives you an immediate £5,000 off your upfront cost.

The good news is that you don’t need to wait to get the £5,000 grant as we simply take it off the quote we provide you with. The average price of a turn-key installation for a standard project starts at £5,000 with the grant taken off. Please note that unfortunately this incentive is on a first come first serve basis and once this is gone its gone. So don’t miss out and take advantage of the governments boiler upgrade scheme and ditch your old boiler for a new more energy efficient Daikin air source heat pump at a discount.