Why Now is The Perfect Time to Get an Air Source Heat Pump

Are you warming up to the idea of installing a heat pump at home?

If you're thinking of making the switch to an air source heat pump for your home, you might be wondering if now is the right time to take the leap. The answer is a resounding yes. Here's why.

What Are Air Source Heat Pumps?

Before we dive into why now is the best time to invest in an air source heat pump, it's essential to understand what they are and how they work. Air source heat pumps are efficient systems designed to regulate the temperature in your home by transferring heat from one area to another, rather than generating it. This ability to transfer rather than create heat makes them much more efficient than traditional heating systems.

How do they work?

Air source heat pumps work by extracting heat from the outside air and transferring it inside your home during colder months. Conversely, during warmer months, they remove heat from your home and transfer it outdoors, serving as an effective cooling system. This dual functionality makes them the perfect investment for year-round comfort.

Are Air Source Heat Pumps Suitable for Cold Climates?

Yes, they are. One of the biggest myths around air source heat pumps is that they don’t work well in cold weather - they’ve been around long enough to prove they do. Contemporary air source heat pumps are designed to function efficiently even in temperatures below freezing. In fact, the countries with the highest number of heat pump installations per 1000 households are Norway and Sweden, both of which have colder winters than the UK. 

The Rising Cost of Heating Fuels

We've all felt the rising cost of heating our homes, the escalating price of natural gas and other heating fuel is a key factor in the attractiveness of air source heat pumps. With these costs set to remain high for the foreseeable, the relative cost savings of an air source heat pump- which runs on electricity- are increasingly significant. While electricity rates have also risen, the efficiency of air source heat pumps makes for considerable savings in the long term.

The Falling Cost of Air Source Heat Pump Installations

A common question asked is whether the price for installation is worth it. Whilst the initial installation cost of an air source heat pump can be significant, these costs are falling as demand increases and installers become more experienced. Additionally, several government grants and incentives can offset a significant portion of the installation costs. The increased grant of £7,500 from the UK government provides a helping hand to take the step toward more affordable heating and cooling.

The Long-Term Savings of Air Source Heat Pumps

The upfront costs of an air source heat pump can be daunting, that’s why it's essential to remember the long-term savings.

The surging demand for air source heat pumps makes now the perfect time to jump on the bandwagon. With incentives likely to decline as demand rises, getting in now results in higher future returns. 

The best financial case is if you are replacing an older gas boiler for a well-designed heat pump, you could save around £295 a year on your energy bills. Topping up your home’s insulation will also help reduce its running costs and lead to long-term savings.

The Best Time of Year to Install a Heat Pump

There are many differing views over which time of year is the best for heat pump installations, however spring is actually a good (and overlooked) time of year. 

There is less need for heating or cooling during the spring, so it's the perfect time to make the switch and not cause too much disruption to your home. Another advantage of a spring installation is that it will be up and running for cooling during the warm summer months.

Considering that a heat pump can generate savings throughout most of the year, the actual best time to purchase a heat pump is the present. The sooner you start saving money from bills by using a heat pump, the greater the value of these savings will eventually be.

What to Consider When Installing an Air Source Heat Pump

Now that we've explained why now is an excellent time to invest in an air source heat pump, there are several factors to consider to ensure you make the most of your investment. These include:

Quality of Installation

Making sure that your heat pump is installed by a qualified and experienced professional. An improperly installed heat pump can lead to issues down the line and may not provide the expected efficiency and savings promised.

Timing of Installation

Picking the right installation time is crucial, by taking advantage of financial incentives you can maximise your return on investment. In addition to this, consider the current state of your existing heating or cooling system – if it's nearing the end of its life, now could be the perfect time to make the switch.

Overview

In light of rising fuel costs, falling installation prices, and substantial financial incentives available, the economic case for making the switch to an air source heat pump has never been stronger.

Remember, investing in an air source heat pump is not just about immediate cost savings – it's also about investing in a sustainable and energy-efficient future. So why wait? Now is the perfect time to reap the rewards of air source heat pumps.

If you want to find out more about air source heat pumps or want to invest in one, don’t hesitate to get in touch with us at Project Heating Solutions. We’d love to chat with you about how we can help!