A new report by the not-for-profit body Energy and Utilities Alliance (EUA) finds customers are typically facing a five-fold cost increase to install a heat pump, compared to a hydrogen-ready boiler.
Households can currently expect to pay up to £15,000 for transition to a heat pump depending on the property type, compared to less than £3,000 for a hydrogen-ready boiler. In addition to the higher cost of the heat pump itself, the disparity is largely due to the additional energy efficiency measures needed to enable a heat pump to operate efficiently, plus the need to fit a hot water cylinder and new radiators. Some homes also require new internal pipework.