It’s not just the cost of heating oil that you can save on with a heat pump system system; they can reduce your overall energy bills. Here’s how…
You’ll spend more on electricity (because it’s now heating your home too) – and standard rate electricity is about three and a half times more expensive than heating oil. But heat pumps can be three or four times more efficient than even the newest oil or gas boilers.
This means that a well-designed ASHP system can still cost less to run. They are designed to run at a constant ambient temperature throughout the day. Quite the opposite of a boiler which you switch on to boost the heating and then turn off again, heat pumps are most efficient at low temperatures for longer periods of time, so your home feels cosy throughout the day. No more cold mornings or walking into a cold home after a day out.
ASHP systems also qualify for payments under the Renewable Heat Initiative (RHI). So you’ll receive payments over seven years from the government for updating your system.
Then there are the benefits of switching to a heat pump heating system for the environment. There's no escaping the fact that oil's a dirty fossil fuel, which is contributing to climate change. Whereas the heat you get from your ASHP can be emissions-free if you take out a renewable electricity tariff.
Plus: buying less heating oil means you don't have to shop around regularly to find the right prices. It takes the stress out of constantly organising oil deliveries. And means fewer tankers travelling down your local roads.
Using less oil may also mean you don’t need to store as much, you could even get rid of that great big tank. So you’ll be less at risk of damage from any leak – or losses should you fall victim to thieves. So why not find out if you can upgrade your heating to a low-carbon heat pump system?
Upgrade to a heat pump