Heat pump loan details and savings projections outlined
2 Oct 27 · 12d ago · 3 articles · 3 posts · 3 sources · development 2 of 2
Ground-source heat pumps can access loans of up to £35,000, while air-source models are eligible for up to £10,000. Installing a heat pump, battery, and solar panels could save households up to £550 per year on energy bills, with potential additional savings of £300 annually through time-of-use tariffs. A trial with E.On showed fuel-poor customers in Coventry saved more than £250 annually by combining home batteries with time-of-use tariffs.
“a recent trial showed that fuel-poor customers in Coventry were able to save more than £250 a year on average by combining a home battery with a time of use tariff”
Chris Norbury, CEO of E.On UK
Miatta Fahnbulleh Energy secretaryChris Norbury CEO of E.On UK
John Healey Chancellor of the Exchequer
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What was reported 1 claim about this development
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first by Mastodon, 12d ago · also Guardian Environment, Guardian
What people said 2 voices · verbatim
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Can't afford solar or a heat pump? New UK Government scheme offers interest-free or cheap loans of up to £20,000 to help upgrade your heating setup and cut your bills https://www. techradar.com/home/smart-home/ cant-afford-solar-or-a-heat-pump-new-uk-government-scheme-offers-interest-free-or-cheap-loans-of-up-to-gbp20-000-to-help-upgrade-your-heati…
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Great news. This could help a huge number of people save big on energy bills
All 2 developments of UK launches Warm Home Loans for solar and heat pump upgrades →
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