Guide · Costs

Heat pump running costs in the UK

What real households pay to run a heat pump in 2026, the SCOP maths, and when it beats gas.

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A UK heat pump typically costs £850–£1,850 a year to run in 2026 at the Ofgem cap rate of ~27p/kWh. A well-insulated 3-bed semi with a SCOP of 4.5 averages around £1,100/year — broadly the same as a modern condensing gas boiler, and often less.

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The SCOP-based running cost formula

Annual heat demand (kWh) ÷ SCOP × electricity unit rate (£/kWh) = yearly running cost.

Example: a 3-bed semi with 12,000 kWh/year heat demand and a SCOP of 4.5 needs 2,667 kWh of electricity. At 27p/kWh that's £720 a year — plus standing charges on the same meter.

Real bills by property type

  • 2-bed flat / small terrace: £550–£900/year.
  • 3-bed semi (well-insulated): £900–£1,300/year.
  • 4-bed detached: £1,300–£1,800/year.
  • Solid-wall, poorly insulated: £1,500–£2,400/year — insulate first.

How to cut your bill 20–30%

  • Run a lower flow temperature (35–45°C). Every 5°C drop adds ~10% to SCOP.
  • Switch to a heat-pump-friendly tariff (Octopus Cosy, EDF Heat Pump) — off-peak slots cut unit rates to 13–18p/kWh.
  • Upsize undersized radiators before blaming the heat pump.
  • Run weather compensation, not on/off thermostat scheduling.

Frequently asked questions

How much does a heat pump cost to run per year?
Annual running costs in the UK typically fall between £850 and £1,850. A well-insulated 3-bed semi with SCOP 4.5 averages around £1,100/year at 27p/kWh electricity.
Is a heat pump cheaper to run than a gas boiler?
In well-insulated homes with a SCOP above 3.5, a heat pump matches or undercuts a gas boiler. In leaky homes or with SCOP under 3, gas can still be cheaper to run despite the higher carbon cost.
What's SCOP and why does it matter?
Seasonal Coefficient of Performance — the average units of heat output per unit of electricity input across a year. A SCOP of 4 means 1 kWh of electricity becomes 4 kWh of heat. Higher SCOP = lower bills.
Sources

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