Money Wellness
Image of a man installing a heat pump
category iconbills
category iconcost of living
calendar icon24 Oct 2023

Heat pump grants increased to £7,500 to help reduce bills for struggling households

The government has launched a raft of measures to help households make their homes more energy efficient and eco-friendly for less money.

It has increased the grant on offer for air source heat pumps by 50% to £7,500. This could make them cheaper than buying and installing a traditional gas boiler, which currently costs between £2,500 and £3,000 for the average household.  

Grants for ground source heat pumps have also risen from £6,000 to £7,500 and households can still get a £5,000 grant for biomass boilers.

All these systems are being promoted as a green alternative to gas boilers and a solution to lowering household energy bills.

The government has said that the boiler upgrade scheme grants can be used by vulnerable households alongside the insulation scheme to make their homes as energy efficient as possible to reduce bills to the absolute minimum.

For more information on the grants visit, www.gov.uk 

Avatar of Caroline Chell

Caroline Chell

Caroline has worked in financial communications for more than 10 years, writing content on subjects such as pensions, mortgages, loans and credit cards, as well as stockbroking and investment advice.

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