How Does a Heat Pump Work and Why Use Them?
Heat pumps work by pumping or moving heat from one place to another by using a compressor and a circulating structure of liquid or gas refrigerant, through which heat is extracted from outside sources (such as the heat of the soil in the garden or the outdoor air) and transferred to your house.
As a result of this, heat pumps require much less electricity, as opposed to electric boilers, and can often achieve a 300-400% efficiency rate. As the amount of heat energy produced is markedly higher than the energy consumed.
Heat pumps come with multiple advantages for your home. And besides heating your house, during the summers.
The International Energy Agency, stresses that no new gas boilers should be sold after 2025 if Net Zero targets are to be achieved by 2050. With an expected 19 million heat pump installations in new homes by 2050.
How Much Do Heat Pumps Cost?
Heat pump prices are usually high, especially when taking into account the installation of the heat pump, however the costs will vary for different heat pumps. The typical price range for a complete installation is between £5,000 and £45,000, to which the running costs have to be considered.
Air to water heat pump costs usually start from £5,000 and go up to £18,000, while ground source heat pump costs are typically between £13,000 to £35,000 but can reach up to £45,000. The running costs of heat pumps depend on your household, its insulation properties and size.
As mentioned previously, the efficiency ratings of both types of heat pumps are much higher than boilers’, meaning you could save a lot on your energy bills. For instance, if you change from electric heating to a heat pump you could annually save more than £500.
Are Heat Pumps Worth the Investment?
Heat pumps’ advantages clearly indicate that they represent a smart investment in the long run. Given that you can save on your energy bills (as the mechanism behind the heat pump simply moves the heat from one space to another rather than producing it) and that the government can provide you with financial support, heat pumps are absolutely worth it.
With the new heat and buildings strategy coming up, it is expected to further increase the installations of various heat pumps as a low carbon heating solution.
And, depending on your current situation, the repayment time can be drastically shorter than the lifespan. Making it a very worthy investment. You might regard the large upfront costs, but simultaneously you also need to see the bigger picture. Solar applications plus heat pumps can help you on the path to zero net energy.
What Are the Pros and Cons of Heat Pumps?
Prior to your purchasing decision of a heat pump system, it is important to inform yourself about heat pumps’ pros and cons. There are a multitude of heat pump advantages, which make them a great investment for the homeowner. But there are simultaneously concerns that have to be regarded.
We will take a look at these advantages and disadvantages in detail below, to help you make an informed decision and make a wise investment towards this low carbon heating technology.
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