Yes. Air source heat pumps can be used as a renewable energy source and can save you money as well as reduce carbon footprint. Air source heat pumps have a key advantage: They are much more affordable than conventional heating. The cost of installation is often outweighed by the long-term lower running costs. Air source heat pumps can draw up to 70% energy from the environment and 30% from electricity. This makes them extremely affordable. The versatility of air source heat pumps is also a plus. They can be used in commercial and domestic settings provided that the buildings are well insulated. You can heat or cool air, depending on what you need.