Heat Pumps: Finance

(asked on 2nd May 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to help ensure the affordability of replacing existing household gas, alternative fuel or electric heating systems with air source heat pumps.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 10th May 2023

The Government is providing funding through the ‘Help to Heat’ schemes, including the Boiler Upgrade Scheme, which provides £5,000 grants for an air-source heat pump, in addition to the 0% rate of VAT on this technology.

These schemes are part of a comprehensive package to grow the heat pump market and work with industry to reduce costs to consumers, which also includes targeted regulation and steps to support supply chains, such as the Heat Training Grant for installers and Heat Pump Manufacturing Investment Accelerator Competition. Further details are in Powering Up Britain (2023) and the Heat and Buildings Strategy (2021).

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