Grant spurs launch of heat pump tariff

Good Energy will launch a tariff for heat pumps this autumn when the Government begins accepting applications for the £2bn Green Homes Grant.

Good Energy says the tariff will make it cost effective to run a heat pump using 100 peer cent renewable electricity, by offering cheaper unit rates at certain periods during the day while the national electricity grid is greener and/or experiencing lower demand.

The Chancellor, Rishi Sunak, said that people can claim up to £10,000 towards green home improvements. This includes air source heat pumps – a greener electrified heating system which is an alternative to gas central heating. The number of homes with heat pumps wasforecast to double by 2025even prior to the government’s announcement.

Historically cost has been a barrier for homeowners looking to use a heat pump, both in up front installation costs and the electricity used to run them. The government’s new grant scheme for installations, combined with Good Energy’s new tariff providing reduced running expense, will make cleaner, greener heating more cost effective.

Juliet Davenport, founder and CEO of Good Energy (pictured), said: “The vast majority of homes in the UK are kept warm with fossil fuels in the form of gas. It’s a huge thing to tackle if we are to decarbonise the UK. So, the Green Home Grants scheme is a good move by the Chancellor and Good Energy is helping it go further with this innovative tariff.”

“This tariff will be designed to make it as easy and affordable as possible for people to get rid of dirty gas heating their home and start using clean electricity from renewables.”

 

Have your say...


Would you like to write your own Comment?



Your Comment

Your Name*
Please enter Your Name
Email Address*
Please enter an Email Address
Comment Subject*
Please enter a Comment Subject
Comments*
Please enter your Comments
 
RefreshPlay AudioHelp
 
I agree to the terms of use.
Please agree to the terms

There were errors. Please see the messages above.