A heat pump instead of oil

01
Inputs
Oil heating today
£2,400 / year
With a heat pump
£1,400 / year
Cost after grant
£6,000
02
Result
£1,000saved a year
6.0 yearspayback
£9,000ahead after 15 years
03
Over time
051015 years

total saved cost £6,000 break-even

Marsh Heat Pumps, Lincoln · estimate at today's energy prices