Air Source Heat Pump Cornwall bungalow
Air Source Heat Pump Cornwall bungalow
| 7 year Return | £9,800 |
|---|---|
| Payback | 10 years (10% return) |
| Cost | £14,000 |
| Bill Saving | £400 p.a. |
| Income | £1,000 p.a. |
| Carbon Offset | N/A |
Return is calculated using combined bill savings and subsidy earnings. Bill savings are calculated using estimated energy usage and either the electricity price at the time of installation (10 October, 2014) or, for our heating products, the existing fuel type available to the property.
This Cornwall property is off the mains gas grid and reliant on expensive oil for heating and hot water. The owner wanted to find a solution to protect themselves from rising fuel costs and reduce their reliance on the volatile price of oil. We assessed the property and recommended an Air Source Heat Pump which is electrically run and could utilise the free electricity generated from the property’s existing Solar PV array.
EnergyMyWay installed a 9kWp Air Source Heat Pump for space heating and Solar Thermal to provide hot water. This combination of renewable technologies makes the best use of solar and heat pump technology, giving the homeowner long-term low-cost energy bills and renewable energy heating that will be paid for by the Government’s Renewable Heat Incentive.
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