Heat Pump Cost

Heat pump running cost in East Midlands

In East Midlands, electricity is about 25.1p/kWh and gas about 7.19p/kWh (Ofgem cap, 2026). A typical 3-bedroom semi (around 12,000 kWh of heat a year) would cost roughly £861/yr to run an air source heat pump (SCOP 3.5), versus about £1,065/yr on gas. That is about £204 saved a year. Enter your own home below to see your figure.

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

£204/yr

19% cheaper to run · ~6kW system

Now: mains gas heating
£1,065/yr
Heat pump running cost
£861/yr
Gas standing charge saved
£106/yr
Install after grant
£3,750
Payback time
18.4 years
CO₂ saved
1,730 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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