An air source heat pump can be up to four times more energy efficient compared to a typical boiler, so it’s a highly economical way to run the heating in your home compared to conventional fossil fuels.
The unit is powered by electricity (although it only uses a small amount), so while you won’t be able to say goodbye to your fuel bills entirely, you won’t use any more fossil fuels and may be able to reduce your energy bills.
The Energy Saving Trust estimates that switching to an air source heat pump in England, Scotland or Wales, can deliver annual savings of between £380 and £1,300 per year if your home currently runs on LPG, while those with electric storage heaters can expect to save between £520 and £1,000 each year on average. Replacing an oil boiler with an air source heat pump can save you between £80 and £550 per year. Finally, homes with gas boilers can also expect an annual reduction of their heating bills with a heat pump, on average between £95 and £425 when switching from newer or older boilers, respectively.