air source heat pump cost
air source heat pump cost

Explore our finance options to help spread your heat pump costs

We have payments options to suit you

Spread your air source heat pump payments with various finance options. Make an upfront payment or pay in monthly installments for up to ten years. Use our cost calculator to see what works for you.

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How much do heat pumps cost?

The range of payment options we offer could help you pay for the cost of your air source heat pump. You could pay in full, make an upfront payment, or choose one of our flexible payments options. For example, you could pay £75.33 a month for a new air source heat pump system over 10 years at 3.9% APR.1

Prices can vary depending on the size of the system you require. Register your interest, and we'll be in touch and recommend the ideal package for your home.

The benefits of a heat pump from us

Interest-free options

Spread the cost into manageable monthly payments with our 0% APR finance options. No upfront payment required.2

No hidden installation costs

The price we quote includes everything, including radiators and cyclinder, and there's no hidden installation costs.

Payment terms to suit you

You can choose between making an upfront payment, paying in full, or spreading the costs with interest-free monthly payments.

Ways to pay

Our range of payment options means you can spread the cost of your air source heat pump system with up to two years 0% APR interest free credit, or even pay over three, five, seven or ten years at 3.9% APR 2

  • Make an upfront payment
    • Simply pay an amount upfront and settle the balance once your installation is complete. This would be within seven days of installation and is subject to a credit check.
  • Pay in full
    • You can pay the full amount upfront for your air source heat pump system. There's no need for a credit check with this option so it's quick and easy to do. 

What does interest-free finance (0% APR) mean?

Paying for your air source heat pump system on finance lets you spread the costs by splitting it into manageable monthly payments. 0% APR means you'll pay no interest charges so all you're paying for is the air source heat pump system and the cost of installation.

Finance example based on borrowing £7,500

The below figures are a finance example based on borrowing £7,500 for a new Daikin 9kW air source heat pump, 150 litre cylinder, eight new radiators and an in-home survey, with the £7,500 Boiler Upgrade Scheme grant taken off the total price.

  • Item value (cash price)
    £7,500
  • Upfront payment
    £0
  • Total amount of credit
    £7,500
  • Agreement duration
    24 months
  • Annual rate of interest
    0% fixed
  • Representative APR
    0% APR
  • Monthly payments
    £312.50
  • Total amount payable
    £7,500

Discover our other pay monthly options

Borrow £7,500, pay monthly: 3.9% APR representative option

Spread the cost over three, five, seven, or ten years, with the no-upfront payment, 3.9% APR representative option, and you can borrow up to £25,000.

Representative example based on borrowing £7,500 over ten years

Spread the cost over ten years, with no upfront payment 3.9% APR representative option and you can borrow up to £25,000.

The below figures are a representative example based on borrowing £7,500 for a new Daikin 9kW air source heat pump, 150 litre cylinder, eight new radiators and an in-home survey, with the £7,500 Boiler Upgrade Scheme grant taken off the total price.

  • Item value (cash price)
    £7,500
  • Upfront payment
    £0
  • Total amount of credit
    £7,500
  • Agreement duration
    120 months
  • Annual rate of interest
    3.9%
  • Representative APR
    3.9% APR (fixed)
  • Monthly payments
    £75.33
  • Total amount payable
    £9,039.60

Finance example based on borrowing £7,500 over seven years

Spread the cost over seven years, with no upfront payment 3.9% APR finance option and you can borrow up to £25,000.

The below figures are a finance example based on borrowing £7,500 for a new Daikin 9kW air source heat pump, 150 litre cylinder, eight new radiators and an in-home survey, with the £7,500 Boiler Upgrade Scheme grant taken off the total price.

  • Item value (cash price)
    £7,500
  • Upfront payment
    £0
  • Total amount of credit
    £7,500
  • Agreement duration
    84 months
  • Annual rate of interest
    3.9%
  • Representative APR
    3.9% APR (fixed)
  • Monthly payments
    £101.93
  • Total amount payable
    £8,562.12

Finance example based on borrowing £7,500 over five years

Spread the cost over five years, with no upfront payment 3.9% APR finance option and you can borrow up tp £25,000.

The below figures are a finance example based on borrowing £7,500 for a new Daikin 9kW air source heat pump, 150 litre cylinder, eight new radiators and an in-home survey, with the £7,500 Boiler Upgrade Scheme grant taken off the total price.

  • Item value (cash price)
    £7,500
  • Upfront payment
    £0
  • Total amount of credit
    £7,500
  • Agreement duration
    60 months
  • Annual rate of interest
    3.9%
  • Representative APR
    3.9% APR (fixed)
  • Monthly payments
    £137.55
  • Total payable amount
    £8,253.00

Finance example based on borrowing £7,500 over three years

Spread the cost over three years, with no upfront payment 3.9% APR finance option and you can borrow up to £25,000.

The below figures are a representative example based on borrowing £7,500 for a new Daikin 9kW air source heat pump, 150 litre cylinder, eight new radiators and an in-home survey, with the £7,500 Boiler Upgrade Scheme grant taken off the total price.

  • Item value (cash price)
    £10,000
  • Upfront payment
    £0
  • Total amount of credit
    £10,000
  • Agreement duration
    36 months
  • Annual rate of interest
    3.9%
  • Representative APR
    3.9% APR (fixed)
  • Monthly payments
    £220.86
  • Total amount payable
    £7,950.96
Air source heat pump in garden
Air source heat pump in garden

Who can apply for air source heat pumps on finance?

You can apply to pay for an air source heat pump if you meet the following criteria. Terms and conditions apply.

  • Minimum age of 18 at date of application.
  • Maximum age of 85 at the end of the agreement, unless the term is no more than 12 months, in which case there is no maximum age limit.
  • UK residence for a minimum of the last 3 years.
  • Have a mobile phone number. 
  • Have a valid email address.
  • Be employed, self-employed, retired, in receipt of disability allowance or a homemaker. 
  • Have a bank account in your name and for which you are the only signatory required to authorise monthly direct debit payments.
  • Have an individual gross income of £10,000 or more, or a joint income of £10,000 or more if married, living with a partner or in a civil partnership.

What are the running costs of an air source heat pump?

Air source heat pumps run on electricity. So, typically for every 1 kWh of electricity, an air source heat pump can produce as much as 4kWh of heat annually. The average running costs will vary from one property to another, and there are of course other factors that can affect running costs:

Heat pump design

You could save money if a well-designed system's installed, and our energy expert's recommended ASHP will be tailored to you.

Electricity tariff

Heat pumps use electricity, so a low-cost renewable tariff can help keep your costs low whilst cutting your carbon footprint. 

Insulate your home

The running cost of air source heat pumps can increase if your home isn't as well insulated as it could be.

System operation

Our installers will ensure the system is set up to maximise efficiency in your home, and meet your comfort requirements.

More about air source heat pumps from E.ON

If you choose an air source heat pump from us, you can be confident that you're receiving a product tailored to your requirements, ensuring you get the perfect comfort levels your home needs.

Payment options

You can either pay in full, or spread the cost of your air source heat pump system with up to two years 0% APR interest free credit. We're a credit broker not a lender.2

A brand you can trust

We're a Which? Trusted Trader, and we cover the installation of the renewable energy products we install in your home through HIES (The Home Insulation and Energy Systems Quality Assured Contractors Scheme.)

Extra protection

We're a Microgeneration Certification Scheme (MCS) accredited heat pump installer, and all air source heat pumps come with a seven year manufacturer's warranty.

Can a heat pump heat my home when it's cold outside?

Heat pumps provide heat from the outside air in the same way air conditioning can provide heat in your car when it's cold. They'll pull heat from the air in temperatures as low as -27°C. There are more heat pumps in colder European countries than anywhere else in the world. The UK climate is actually quite warm. 

Is an air source heat pump cheaper than gas?

Yes - If you have an old inefficient gas boiler, electric storage heaters, oil or coal fired systems – these are all quite expensive to run, so you should see savings

Some residents that have very low energy bills at the moment, or newer gas boilers, may not see any savings or changes to energy bills. E.ON will review your existing heating bill when we complete your survey. As part of assessing if both you and your property are suitable for a heat pump we will calculate how your bill may change and what savings you could expect. All this happens before you decide whether to have a heat pump installed.

Will the new system heat my hot water too?

Yes, air source heat pumps heat water in a hot water cylinder where it’s stored until you need it. The cylinder is insulated so once the water is heated it'll stay hot for hours, waiting for you to use it for washing up or filling up the bath.

As part of the system design we'll look at your hot water needs and ensure the cylinder is the right size so there's always enough hot water for your home. Typically hot water is heated to 55°C, which is warm enough for piping hot showers and baths. Find out more about how they work.

Do I need to service my air source heat pump?

You'll need to service your heat pump annually through a qualified heat pump engineer.

Is an air source heat pump easy to use?

Yes, and we'll set up the system to suit your needs.

Heat pumps work best if they are left on at a low but comfortable setting all day. The system will heat up in the morning so your home is nice and warm when you get up, and heat up again in the evening for your return home. If you want it warmer during the day you can turn it up yourself on the heating controls.

Should I improve my insulation as well?

You should do this whether you fit a heat pump or not as insulation will help to reduce your energy consumption and in turn, reduce your energy bills and the carbon you release into the atmosphere. To qualify for the boiler upgrade scheme your home will need to have sufficient insulation.

Our trained heating team will be able to advise if your home is adequately insulated. Start your air source heat pump journey.

The legal stuff

1 The price is based on a Dakin 9kWh ASHP + 150-litre cylinder + 8 radiators, with no upfront payment made, but the price could change.

E.ON Energy Installation Services Limited acts as a credit broker not a lender and work exclusively with Creation Consumer Finance Limited who acts as the lender. Credit subject to status, terms and conditions apply and can be found at eonenergy.com/terms-and-conditions/eon-installation, E.ON reserves the right to amend its finance offering at any time and may withdraw at short notice. E.ON UK plc is an Introducer Appointed Representative of E.ON Energy Installation Services Limited who are authorised and regulated by the Financial Conduct Authority in relation to credit broking services under number 750410. Registered in England and Wales under company number 09965944 with its registered office at Westwood Way, Westwood Business Park, Coventry, CV4 8LG.

The Government’s Boiler Upgrade Scheme is valid for heat pumps that are commissioned from April 1st 2022. To be eligible for the grant, a valid, Energy Performance Certificate (EPC) from the last 10 years, with no recommendations for cavity wall or loft insulation is required. Unfortunately new build homes are ineligible for the Boiler Upgrade Scheme. Owner and property eligibility apply. To see the full eligibility criteria and exclusions, visit the Government Boiler Upgrade Scheme website.  

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