Energy Saving Trust says air source heat pumps usually cost a little more to run than new gas and oil boilers at current prices. It also says homes replacing other heating systems should see savings.
Air source heat pump running costs UK
There is no honest single running-cost number for every home. Energy Saving Trust says air source heat pumps generally cost slightly more to run than new gas and oil boilers at current prices, but should save money against many other heating systems.
GOV.UK says heat pumps can produce around three units of heat for each unit of electricity used. Ofgem’s average default-tariff benchmark for 1 April to 30 June 2026 is 24.67p per kWh with a 57.21p daily standing charge. · 4 min read