Several variables can affect a ground source heat pump's price. Generally speaking, depending on the model you install, a ground source heat pump might cost anywhere between £13,000 and £45,000.
Due to the installer's need to dig 50 to 100 meters into the earth, a vertical ground source heat pump will cost more. Expect to pay between $30,000 and $45,000 for your purchase.
The installation expenses of a horizontal ground source heat pump, however, are lower because just 1-2 meters of earth must be dug. Typically, a horizontal system costs between £13,000 and $35,000.
Size of the system
Type of system
Financial support schemes
It is wise to take renewable energy sources into account while designing an energy-efficient home or replacing our current oil or central heating system. Ground source heat pumps, or GSHPs, use underground pipes to transmit heat throughout the entire home through radiators and underfloor heating. In this way, it might be a green option that uses less energy and is more effective. Although ground source heat pumps are thought to be expensive, they are intended to pay for themselves over time.
The cost of a ground source heat pump is very difficult to estimate because there are so many variables that might affect the system's final cost. Although there is a very substantial margin of error, it is still possible to predict the total expenditures. The cost of the system, the cost of installation, the cost of operation, and the eligibility for incentives are all things that must be considered when figuring up the costs of a ground source heat pump.
A ground source heat pump system typically consists of a heat pump, an underground heat exchanger, and a distribution system. The average price of a ground source heat pump system is:
Horizontal: Rapid GSHP installation necessitates more available land, which makes it more prevalent in rural locations. This method results in a cost range of £2,500 to £4,500 for horizontal trenches.
Vertical: Excavating a vertical ground source heat pump borehole is an alternative possibility if land is restricted, but it is also more expensive. Depending on the size of the heated area, the price of vertical boreholes may range from £8,000 to £10,000.
Heat pump: Depending on the size, capacity, and longevity, the heat pump and installation may cost anywhere from £15,000 and 20,000.
As surprising as it may sound, a ground source heat pump is among the most affordable options for heating. The temperature of the soil is consistent throughout the year, making it one of the most effective low-carbon heating solutions for a home because your GSHP won't need to work harder to run efficiently during the winter.
Even though a GSHP requires a sizable investment, it eventually pays for itself through lower heating and cooling expenditures. Read our article on ground source heat pump pricing for a thorough price breakdown.
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It's also crucial to consider whether GSHPs qualify for grants to assist your investment, which will drastically lower your ongoing expenditures.
It is advisable to examine the incentives depending on which system we are considering installing in our yard. There are numerous grant schemes available in the UK to lower the price of ground and air source heat pumps.
*Oil Boiler is calculated at the efficiency rate of 80%.
Given that there are numerous variations of each type of heating system, it is important to compare the expenses of heat pumps vs. boilers before deciding which type of heating system to put in your home.
Alternative heating techniques can be used in a variety of ways, and the figures above illustrate the advantages of installing a ground source heat pump over an oil boiler and an air source heat pump (ASHP).
RHI Extension The RHI scheme has been closed as on 31 March 2022.
Purchasing a ground source heat pump is a long-term investment that will yield returns through time and use. A ground source heat pump system may first look pricey, but it will pay for itself within 4 or 5 years. The GSHPs make money in more than just the banking sector. Ground source heat pumps are advantageous for the environment because they are a green form of energy.
You can make huge long-term financial savings with RHI. Your chances of having your RHI application approved can be increased by doing research on and selecting a high-quality renewable heating system.
The heat pumps' coefficient of performance is used to gauge their efficiency (COP). This is the proportion of heat generated per unit to the amount of electricity used to pump that heat. Our installation is more effective the bigger the number.
The criteria for various group source heat pump systems vary. Typically, big gardens or deep ground drilling are needed for ground source heat pumps. This is because horizontal heat pumps are buried shallowly in the ground but over a considerable area; as a result, this kind of GSHP performs best in vast backyards.
Vertical heat pumps, on the other hand, take very little room in the backyard while being placed deep underground.
It is also crucial to remember that ground source heat pumps use electricity, which is a very minimal amount of energy.
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