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Heating: Finance

Question for Department for Energy Security and Net Zero

UIN 14305, tabled on 16 February 2024

To ask the Secretary of State for Energy Security and Net Zero, if she will take steps to ensure that people switching to heat pumps are not financially disadvantaged.

Answered on

26 February 2024

The Government increased Boiler Upgrade Scheme (BUS) grant available for air source heat pumps (ASHP) by 50%. The £7,500 grant is available for both ASHP and ground source heat pumps, making it one of the most generous grant schemes of its kind in Europe. This is in addition to the 0% rate of VAT on the installation of heat pumps which is in place till March 2027.

BUS is part of a wider programme of measures supporting the deployment of heat pumps including the Home Upgrade Grant, Social Housing Decarbonisation Fund and Energy Company Obligation Scheme.