Uptake of the grant scheme has up to now been low, with consultants warning that many customers are nonetheless postpone by upfront prices of round £2,000 even after the grants.
Ministers hope the grant funding will assist the trade develop and produce down costs for purchasers.
Simply 4,186 licensed floor or water supply warmth pumps have been put in within the UK since 2022 when the Authorities’s help scheme was launched, based on knowledge from the Microgeneration Certification Scheme, which assesses the units.
By comparability, 40,685 air supply warmth pumps have been put in over the identical interval.
Floor supply warmth pumps take in warmth from the earth by circulating fluid by way of pipes buried underground.
The temperature of this fluid is then raised by a warmth exchanger inside the house and transferred to water to be used in heating radiators or operating sizzling water from faucets.
Octopus stated its funding marked its entry into the bottom supply warmth pump market. The corporate beforehand invested in Renewable Vitality Gadgets, a Northern Irish air supply warmth pump producer, and has introduced plans to launch its personal air supply warmth pump.
