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Heat Pump Costs in Petersfield (GU31)

Average air source heat pump installation cost, running costs, and savings for the GU31 postcode district.

Installation Cost

Air Source Heat Pump

£10,531

£3,031

After £7,500 BUS grant

Ground Source Heat Pump

£26,293

£18,793

After £7,500 BUS grant

Costs are area averages and vary by property size, insulation level, and installer. See full cost breakdown.

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Annual Running Cost Comparison

Heat Pump £972/yr
Gas Boiler £974/yr
Oil Boiler £1,269/yr
LPG Boiler £1,502/yr

Based on standard electricity rate (24.5p/kWh). Off-peak tariffs reduce heat pump costs significantly. See tariff comparison.

Annual Savings vs Current Heating

Current Fuel Annual Cost Heat Pump Cost Annual Saving
Mains Gas £974 £972 £2/yr
Heating Oil £1,269 £972 £297/yr
LPG £1,502 £972 £530/yr

Running costs assume standard electricity tariff (24.5p/kWh). Off-peak tariffs (7-10p/kWh) improve heat pump savings significantly.

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Good with insulation

Heat pump suitability for this area

Off-Gas Grid

13% of homes

Avg EPC Rating

65 (Band D)

COP Estimate

3.4

Above UK average

Typical Property

Detached

Noise Concern

Low concern

Frequently Asked Questions

How much does an air source heat pump cost in Petersfield?

The average air source heat pump installation in Petersfield (GU31) costs £10,531. After the £7,500 BUS grant, the effective cost is £3,031.

Is my home in GU31 eligible for the BUS grant?

Most existing properties in GU31 are eligible for the £7,500 Boiler Upgrade Scheme grant. You need a valid EPC, an MCS-certified installer, and must not have received a previous BUS grant. New builds are excluded.

Will a heat pump save me money in Petersfield?

If you're on mains gas, a heat pump could save around £2/year in Petersfield. If you're on oil heating, savings are typically £297/year. Savings increase significantly on off-peak electricity tariffs like Octopus Cosy.

What is the COP of a heat pump in Petersfield?

The estimated Coefficient of Performance (COP) for heat pumps in Petersfield is 3.4. This means for every 1 kWh of electricity used, the heat pump produces 3.4 kWh of heat. This is above the UK average, thanks to the milder climate in this area.

Do I need to insulate my home before getting a heat pump in GU31?

Most homes in GU31 have reasonable insulation (average EPC score 65, band D). While improving insulation always helps, many properties here can proceed directly with a heat pump installation.

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