Heat Pump Cost

Heat pump running cost for a 1-bedroom flat / apartment

A 1-bedroom flat / apartment uses roughly 4,500 kWh of heat a year. At the current Ofgem price cap an air source heat pump (SCOP 3.5) would cost about £336/yr to run, versus about £472/yr for mains gas. That is roughly £137 saved a year. A typical ~4kW system costs about £9,750, or £2,250 after the £7,500 grant, paying back in about 16.4 years.

Your region (sets local prices)
Property type
Bedrooms
Insulation
Current heating & its price
p/kWh
p/kWh

A heat-pump tariff can be ~13-15p.

Efficiency. 3.5 is typical.

£

A heat pump would cut your heating bill by

£137/yr

29% cheaper to run · ~4kW system

Now: mains gas heating
£472/yr
Heat pump running cost
£336/yr
Gas standing charge saved
£106/yr
Install after grant
£2,250
Payback time
16.4 years
CO₂ saved
649 kg/yr
Get a fixed-price quote

Estimate only. Real figures depend on your home, install and tariff. Prices: Ofgem cap, Jul-Sep 2026.

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