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Published 24 Oct 2023

1 min read

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.

Image of a man installing a heat pump
Caroline Chell - Money Wellness

Written by: Caroline Chell

Head of Communications

Published: 24 October 2023

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 

Caroline Chell - Money Wellness

Written by: Caroline Chell

Head of Communications

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.

Published: 24 October 2023

The information in this post was correct at the time of publishing. Please check when it was written, as information can go out of date over time.

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Caroline Chell - Money Wellness

Written by: Caroline Chell

Head of Communications

Published: 24 October 2023

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