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Heat pump cost calculator

With a £7,500 government grant available and 0% VAT to pay, there's never been a better time to ditch your old fossil-fuel-burning boiler and switch to a clean energy heat pump. 

Use our heat pump cost calculator to find out how much reducing your energy bills by 25% could cost you.

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Calculate your heat pump costs & savings

Electricity bills£15,762
Aira Heat Pump
Aira package£6,239
Savings-£8,047
Oil bills£1,594
Oil Boiler
Boiler package£12,360

Electricity price (25p / kWh)

Oil price (6p / litre)

Based on 20 years of ownership with standard installation and no radiator upgrades. Includes a £7,500 government grant. Package covers the heating system and maintenance.
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What affects the price of an air source heat pump?

From the size of the unit to the complexity of the installation, there are numerous factors that impact the price of an air source heat pump system.

While the upfront price may be higher than a gas boiler, these costs are mitigated by a heat pump's running costs and significant energy bill savings over time. And, with various government grants available, like the £7,500 Boiler Upgrade Scheme, a heat pump is more affordable than you might think.

Air source heat pump costs explained
A Vaillant air source heat pump installed in a side passage of a property in London

After finding out how much they could save, Lina and her partner contacted Aira about installing a heat pump at their Victorian terraced flat in southeast London. 

Despite having no EPC and concerns about whether their property would be able to have a heat pump, Aira made it happen.

See our heat pump install in a London flat
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Learn more about heat pumps

An old boiler on the left turning into sand with a clean, new Aira heat pump on the right

Heat pumps vs boilers

Explore how heat pumps and boilers work, their differences, costs and long-term benefits, helping you decide which is right for your home.

A rendering of the Aira air source heat pump outdoor unit at a slight angle

How do heat pumps work?

Heat pumps are a clean alternative to traditional heating systems. Learn more about the different types and how they all work.

Aira Heat Pump outdoor unit against a grey wall covered in snow

What are air to water heat pumps?

Air to water heat pumps use thermal energy to heat your home and water. But how do they work and how are they installed?

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Heat pump cost calculator FAQs

We'll ask some initial questions to check your home is suitable for a heat pump (70% of homes are). We will then help you claim this grant through the Boiler Upgrade Scheme and guide you through the application. We will provide all the support and information you'd need from the initial application to the day of the installation.

A well-designed heat pump system is 4X more efficient than a gas boiler since it captures 75% of the energy required to heat your home from the free outside air. 

The exact cost of running the system depends on the temperature you choose in your home, the amount of hot water you consume, and the price of electricity and the type of electricity tariff you use. 

All Aira Heat Pump systems are designed to perform significantly more efficiently than a gas boiler to optimise CO₂ and heating bill savings. If you don’t have any other gas appliances in your home after switching to a heat pump, you'll be waving goodbye to gas bills for good.

An air source heat pump is much more durable than a gas boiler. If you do experience any issues with your heating or hot water system, with the Aira Comfort Guarantee, we’ll come and fix it free of charge. No parts to pay for, no labour costs and no call out charge – everything is included. 

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