UK risks losing £65m in exports without heat pump switch, analysts warn

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UK risks losing £65m in exports without heat pump switch, analysts warn
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Ireland, the main country for UK central heating exports, has a phase-out date of 2025 for gas boilers.

The UK risks losing out on £65 million every year by the end of the decade if it does not speed up the rollout of heat pumps, energy analysts have said.

Around three million heat pumps were sold in Europe in 2022, an increase of 40% from the year before, taking the total to more than 20 million, according to the International Energy Agency. Luke Sheppard, a gas boiler-turned-heat pump installer from Peacehaven, East Sussex, said fitting a heat pump costs between £2,000 and £5,000, but many houses also need remedial work to make them more efficient, which can take the total price to between £15,000 and £25,000.

The UK Government wants there to be 600,000 heat pump installations a year by 2028, though its advisers have warned that installation rates are currently well off track, with other European countries much further ahead.

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