Written Evidence Apr. 29 2024
Committee: Public Accounts CommitteeFound: The upfront and running costs of heat pumps are predicted to fall over time, as cheap renewables
Written Evidence Apr. 29 2024
Committee: Public Accounts CommitteeFound: well-insulated prior to the installation of a heat pump will increase the system’s efficiency and reduce its running
Written Evidence Apr. 29 2024
Committee: Public Accounts CommitteeFound: Policyincreasing energy efficiency and considering the cost effectiveness of the measures installed (running
Written Evidence Apr. 29 2024
Committee: Public Accounts CommitteeFound: These would include hybrid heat pumps that utilize existing gas boilers (or those running on LPG
Written Evidence Apr. 29 2024
Committee: Public Accounts CommitteeFound: Running costs were identified in the National Audit Office’s 2024 report as a barrier to heat pump
Written Evidence Apr. 29 2024
Committee: Public Accounts CommitteeFound: Running costs are typically around the same as if they had been heating their home with a gas boiler
Written Evidence Apr. 29 2024
Committee: Public Accounts CommitteeFound: electricity bill, compared to just £34 for the average annual gas bill, and means that the cost of running
Written Evidence Apr. 29 2024
Committee: Public Accounts CommitteeFound: In addition to lower running costs, a higher performing building also enables more accurate sizing
Written Evidence Apr. 29 2024
Committee: Public Accounts CommitteeFound: The upfront cost and ongoing running costs of electrified heating solutions is significant.
Written Evidence Apr. 29 2024
Committee: Public Accounts CommitteeFound: includes the upfront capital costs required to install these technologies as well as the longer-term running