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Heat Pump Costs in Nottingham (NG8)

Average air source heat pump installation cost, running costs, and savings for the NG8 postcode district.

Installation Cost

Air Source Heat Pump

£10,388

£2,888

After £7,500 BUS grant

Ground Source Heat Pump

£21,128

£13,628

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 £1,154/yr
Gas Boiler £1,122/yr
Oil Boiler £1,463/yr
LPG Boiler £1,731/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 £1,122 £1,154 -£32/yr
Heating Oil £1,463 £1,154 £309/yr
LPG £1,731 £1,154 £577/yr

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

Honest about gas comparison

At standard electricity rates (24.5p/kWh), a heat pump in NG8 may cost around £32 more per year to run than a gas boiler. However:

  • Off-peak tariffs (Octopus Cosy at 7.5p/kWh) make heat pumps cheaper than gas
  • Gas prices are volatile — heat pumps protect against future price rises
  • Heat pump lifespan (20+ years) vs gas boiler (12-15 years) saves on replacements
  • If you're on oil or LPG, you'll save £309-577/year

Insulating first reduces heating demand, tipping the balance in favour of heat pumps.

~

Good with insulation

Heat pump suitability for this area

Off-Gas Grid

12% of homes

Avg EPC Rating

65 (Band D)

COP Estimate

3.3

Above UK average

Typical Property

Semi-detached

Noise Concern

Moderate

Frequently Asked Questions

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

The average air source heat pump installation in Nottingham (NG8) costs £10,388. After the £7,500 BUS grant, the effective cost is £2,888.

Is my home in NG8 eligible for the BUS grant?

Most existing properties in NG8 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 Nottingham?

Honestly, if you're on mains gas with standard electricity tariffs, a heat pump may cost around £32/year MORE to run in Nottingham. However, if you're on oil (save £309/year) or LPG (save £577/year), a heat pump will definitely save money. Off-peak electricity tariffs also change the equation significantly.

What is the COP of a heat pump in Nottingham?

The estimated Coefficient of Performance (COP) for heat pumps in Nottingham is 3.3. This means for every 1 kWh of electricity used, the heat pump produces 3.3 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 NG8?

Most homes in NG8 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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