Air source heat pumps are rapidly growing in popularity as more UK homeowners look for energy-efficient and eco-friendly heating solutions. But there’s one question that always lingers: Are they expensive to run?
You may have heard mixed opinions – from people claiming they’ve halved their energy bills, to others suggesting they cost more than gas boilers. So, what’s the truth? Is an air source heat pump expensive to run, or is it a smart long-term investment?
At WarmVent, we believe in honest answers backed by real data. In this post, we break down the true costs, savings, and long-term value of air source heat pumps – so you can make an informed decision for your home.
What Determines Running Costs?
To understand whether an air source heat pump is expensive to run, you first need to understand what impacts its performance and energy consumption. Several factors play a role:
- Your Home’s Insulation
A well-insulated home holds onto heat more effectively, meaning your heat pump doesn’t have to work as hard. Poorly insulated properties will see less benefit and may need higher output for the same comfort level.
- Your Electricity Tariff
Since air source heat pumps run on electricity, the rate you pay matters. If you’re on a standard tariff, you’ll pay more per kWh than someone on a time-of-use or renewable tariff. Switching to a more competitive energy deal can significantly reduce running costs.
- System Design and Installation Quality
This is where many horror stories begin. If the heat pump is too small for the home, poorly installed, or incorrectly configured, it will have to work harder—costing you more. A professional installation tailored to your home’s heat loss profile is essential.
- Your Usage Habits
Do you heat the whole home constantly or just select rooms? Do you run the hot water heavily in the mornings and evenings? These habits impact how much energy your system uses, just like with any heating system.
Typical Running Costs Compared
Let’s look at some real-world figures. According to the Energy Saving Trust, the average annual running cost of an air source heat pump (in a well-insulated UK home) is:
– £700–£1,100 per year, depending on home size and usage
Compare that to:
– Gas boiler: £1,000–£1,400 per year
– Oil boiler: £1,200–£1,600 per year
– Electric storage heaters: £1,600–£2,000+ per year
So is an air source heat pump expensive to run? Not in most cases – especially when replacing an electric or oil system. Even against mains gas, savings are possible with the right setup and a good tariff.
What About the Upfront Costs?
It’s true that air source heat pumps cost more to install upfront than gas boilers – typically £7,000 to £12,000, depending on the system size and whether you need to upgrade radiators or install a hot water cylinder.
However, homeowners in England and Wales can access a £7,500 grant through the Boiler Upgrade Scheme (BUS), making the upfront cost much more manageable.
And here’s where long-term thinking pays off: the running cost savings add up. Over 15 years (the average system lifespan), the financial and environmental return can outweigh a traditional system many times over.
Efficiency Explained: The COP Factor
One reason people find heat pumps confusing is that they don’t just burn fuel like a gas boiler. Instead, they move heat, making them far more efficient.
This efficiency is measured by the Coefficient of Performance (COP). A typical air source heat pump has a COP of 3 – 4, meaning it produces 3 – 4 units of heat for every 1 unit of electricity consumed.
In contrast, even the most efficient boiler has a COP of under 1 – you burn one unit of gas to get one unit of heat (or less).
This high efficiency is what makes heat pumps so economical in well-designed systems. And with smart controls, weather compensation, and zoning, that efficiency can be maximised.
Ways to Cut Running Costs Further
If you want to keep running costs low and performance high, here are some practical tips:
✅ Switch to a Heat Pump-Friendly Tariff
Many energy providers offer tariffs that favour heat pumps or night-time use. A time-of-use tariff can drastically cut costs if you run your heat pump when rates are lower.
✅ Maintain Your System
Like any heating system, your heat pump needs annual servicing. This ensures it stays clean, safe, and efficient – and avoids any drop in performance that could bump up bills.
✅ Use Smart Controls Wisely
Modern thermostats and apps allow you to schedule heating in zones, avoid unnecessary use, and monitor trends. Don’t just set it and forget it – use the data to stay in control.
✅ Improve Insulation
Small upgrades – like loft insulation, draught-proofing, or double glazing – can make a big difference to how hard your pump has to work.
Real Homeowner Experiences
Still wondering whether an air source heat pump is expensive to run? Here’s what WarmVent customers have to say:
“Our old oil boiler was a nightmare to run in winter. Since switching to a heat pump, our bills are lower and the heat is constant. We haven’t looked back.”
– Linda & Mark, Worcestershire
“Yes, the upfront cost was more – but with the BUS grant and the monthly savings, we’ll break even in under 6 years. Plus, the system just works.”
– Tom, Derbyshire
“We paired ours with solar panels, and our electricity bills are close to zero in summer. The system is quiet, reliable, and easy to control from our phones.”
– Rupal & Neel, Nottingham
Are Heat Pumps the Right Choice for You?
Here’s a quick checklist to see if a heat pump might work well in your home:
✅ You have good insulation or plan to improve it
✅ You want lower long-term heating bills
✅ You want to future-proof your home from rising gas prices
✅ You’re eligible for the Boiler Upgrade Scheme
✅ You want to reduce your carbon footprint
If you tick most of these boxes, a heat pump is very likely a smart, cost-saving solution over time.
The Verdict
So, is an air source heat pump expensive to run? It can be – if poorly installed, badly maintained, or running in an inefficient home. But in the right setup, with proper support and a bit of planning, the answer is: no, it’s one of the most cost-effective ways to heat your home in the long run.
At WarmVent, we’re here to guide you through every step – from free home assessments to grant applications and long-term system support. We design systems that are built to last and tailored for your home, not a one-size-fits-all approach.
Want to find out if a heat pump is the right fit for your home and budget? Contact WarmVent today for a no-obligation quote and let’s start building a more efficient future for your home.