The Government has today confirmed a new £5,000 grant for heat pumps, which will start in April of 2022. Here at Alto Energy we are really excited that the Government has finally woken up to the potential of heat pump technology to decarbonise buildings in the UK.
At the time of writing we are still awaiting the detailed Heat and Buildings Strategy document, which we hope will provide much more information about these exciting new policies for heat pumps.
Government Press Release
Through the Heat and Buildings Strategy, the government has set out its plan to incentivise people to install low-carbon heating systems in a simple, fair and cheap way as they come to replace their old boilers over the coming decade. This will significantly reduce the UK’s dependency on fossil fuels and exposure to global price spikes, whilst supporting up to 240,000 jobs across the UK by 2035.
New grants of £5,000 will be available from April next year to encourage homeowners to install more efficient, low carbon heating systems – like heat pumps that do not emit carbon when used – through a new £450 million 3-year Boiler Upgrade Scheme. These grants mean people choosing to install a heat pump will pay a similar amount as if they were installing a traditional gas boiler.
Reducing The Price Of Electricity
Further details were confirmed of the Government’s intention to make electricity cheaper in the future:
To ensure electric heat pumps will be no more expensive to run than gas boilers, ministers want to reduce the price of electricity over the next decade by shifting levies away from electricity to gas. A call for evidence is expected to be published with decisions made in 2022.