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Even With Massive Subsidies Sales Of Heat Pumps Not Doing So Well In UK

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The UK government really, really, really, really is attempting to force the citizens to switch over to heat pumps. Using the taxpayer’s money, of course. Without showing that government is switching over at government buildings nor elected politicians and bureaucrats are switching at their own homes (via Dana Pico of The First Street Journal)

Another heat pump myth has just crumbled

Net Zero will, of course, eventually save us all a fortune. We know that must be true because the green lobby keeps telling us so. It is just that the journey there seems to be costing us ever more money in taxes and levies. The Government has decided to sting taxpayers for another £1.5 billion in order to encourage homeowners to switch from fossil fuel central heating to heat pumps.

At £7,500 a time, the original pot of money for the Boiler Upgrade Scheme would only have funded 60,000 installations. The additional pot will fund a further 200,000 – assuming, that is, that enough people want to take the bait. That is looking questionable at the moment. In the first 18 months that the scheme, only 27,443 homeowners had applied for the grants and only 16,096 installations had been completed. (snip through a paragraph about seriously dropping EV sales as subsidies are withdrawn)

Even with taxpayers forking out £7,500 to help you green your home a heat pump is still a pretty expensive piece of kit.   The median cost of heat pumps installed under the Boiler Upgrade Scheme so far has been £13,140. In other words, homeowners are still having to find around £6,000 – which is a lot of money, especially if you don’t actually need to replace your oil and gas boiler because it is working just fine as it is. And, of course, it comes with the risk that the heat pump won’t actually heat your house – while some people report a happy experience many others tell of ending up shivering in a lukewarm home. Moreover, a lot of the people who say they are happy turn out to have other forms of heating available: gas, wood-burners and so on.

One day heat pumps might be ready for primetime, but, they are not something mean to be run a lot. If it’s running quite a bit all year long it’s going to need to be replaced in half the time as separate units. If you only need it for, say, heat in the winter and never really need it much for cooling, you would be fine. If it can keep up with the heat. Vice versa in a place where you run a lot of AC but rarely need heat. And if you really do not need it, do you want to pony up what amounts to $7,600?

As with electric cars, it should be obvious by now that heat pumps are not going to sell themselves. If it wants to reach its targets, the Government is going to have to bully us with fines and cajole us with taxpayer-funded grants. Not that that will stop government ministers and the wider green lobby perpetuating the fib that going green is saving us money.

That median price is $17K. That might make sense for a top end AC/heating system for a large house, say, 2,000 square feet, which should last you 10-15 years. Not for a heat pump. But Green will totally save money, right?

The post Even With Massive Subsidies Sales Of Heat Pumps Not Doing So Well In UK appeared first on Pirate’s Cove.


Source: https://www.thepiratescove.us/2023/12/20/even-with-massive-subsidies-sales-of-heat-pumps-not-doing-so-well-in-uk/


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