HEAT PUMP - ONE COMPLETE YEAR RUNNING COSTS!

EV Channels Review

This video provides a comprehensive one-year review of a 5kW heat pump's running costs and energy consumption. The reviewer debunks common myths, emphasizing that heat pumps do not require 24/7 high-power operation and that hyper-insulation isn't a prerequisite for installation, though it improves efficiency. A key takeaway is the critical importance of a proper, in-depth survey by the installer to ensure correct system sizing and radiator compatibility. The reviewer highlights that their heat pump, running at lower temperatures, consumed 3,486 kWh for heating and hot water over 12 months and two weeks. Crucially, the low running cost of £282 for the year is attributed to a combination of a time-of-day electricity tariff (7.5p/kWh for 6 hours, ~30p/kWh otherwise), a 19kWh home battery system, and solar panels. Without these, the cost would significantly increase, potentially exceeding £1,000 annually at higher tariffs. The reviewer estimates annual gas costs for their previous boiler were around £950, indicating a saving of £600-£700 per year with the heat pump, a saving made more impactful by the integrated renewable energy systems. The initial installation cost was approximately £8,000, about £4,500 more than a gas boiler, but the long-term savings and environmental benefits are deemed worthwhile for their 'forever house'. The reviewer stresses that successful heat pump implementation hinges entirely on correct planning and installation.