Heat Pumps: anyone have one/thought about it?

[Nutty667]

Are you sure it's including grant at £7.5K and not the old £5k figure?

Does seem steep, will depend a little on what they need to do I think but I'd be wanting to know why it's more expensive than most other quotes here.

Yeah it said it included the 7.5K grant. Original price £12,028.

£12,028

£4,528

Including VAT and boiler upgrade scheme discount


Includes £7500 off from the Boiler Upgrade Scheme

Daikin heat pump expertly configured for your home

Daikin compatible water cylinder

Any necessary new radiators and upgrades

Any necessary plumbing and electrical work

Labour and workmanship

 

[jonneymendoza]

It's minimal cost anyway in the summer, don't spend much on gas hot water really.

Mines on demand for hot water

 

[HungryHippos]

Yeah it said it included the 7.5K grant. Original price £12,028.

£12,028

£4,528

Including VAT and boiler upgrade scheme discount


Includes £7500 off from the Boiler Upgrade Scheme

Daikin heat pump expertly configured for your home

Daikin compatible water cylinder

Any necessary new radiators and upgrades

Any necessary plumbing and electrical work

Labour and workmanship

This was mine, I had mine on a 103 SQM property though fwiw. Note it says old £5K grant so I would certainly check they would reduce further before I'd hit the button to proceed by the extra £2.5K.

£3620 (0% VAT)
This price is locked in for 14 days and includes the £5,000 BUS grant.
Finance options are available.

What's included in your fixed price?​

Your quote includes all the things you'll need to upgrade your home with low-carbon home heating, that includes:

• A market-leading Daikin air source heat pump​
• A compatible hot water cylinder​
• Any necessary radiator changes​
• Plumbing & electrical bits needed to fit your new heating system​
• £5,000 Boiler Upgrade Scheme grant (we apply for this grant on your behalf)​
• All delivery and labour costs​
• To help you spread the cost of your heat pump, we now have finance options available. Please ask a member of our team for more information.​

FYI: for a limited time, Daikin are cutting £250 off their supplier price – and we’re passing it straight on to you. Discount applied at final payment. ​

 

[HungryHippos]

Mines on demand for hot water

Same I'm on a combi, just don't spend that much on Gas for hot water. It's just me but even 2-3 of me using this wouldn't up the cost that much.

My gas cost for a whole year was only £425 including standing charge, for last September to this September.

 

[jonneymendoza]

Same I'm on a combi, just don't spend that much on Gas for hot water. It's just me but even 2-3 of me using this wouldn't up the cost that much.

My gas cost for a whole year was only £425 including standing charge, for last September to this September.

I previously didn't have a combi boiler and had a hot water cylinder and my gas bill is 1/4 the price of when I had a hot water cylinder with the old gas boiler

 

[Mercenary Keyboard Warrior]

Octopus sent me an email in regards my heatpump quote.
Confirmed that the extra £2500 would be knocked off. So it would be £1300 install.

 

[Mercenary Keyboard Warrior]

I think ripple wind farm is better than home PV just to throw that in the mix of discussion

You need to add a lot of context to that statement to make it work.
About the only scenario I can come up with that makes that work is when you are likely to move not long after getting home PV installed.

Otherwise after running the numbers I could not get Ripple to come anywhere close to a home PV install on ROI.

FWIW I am an accountant and I do complex business cases and ROI decisions as part of my job.

 

[Mercenary Keyboard Warrior]

I previously didn't have a combi boiler and had a hot water cylinder and my gas bill is 1/4 the price of when I had a hot water cylinder with the old gas boiler

One of the key points (bolded) that literally every person ignores when going on about how combis are better

Most people replace old knackered boilers that were vastly lower efficicency even when new.

 

[200sols]

Indeed I looked at ripple wind as well as my home solar but the maths doesn't work for ripple unfortunately.

 

[b0rn2sk8]

This may be useful to people - the follow up to the video I posted a few days ago just dropped with whole years worth of data

Interestingly the person wouldn't have done it without solar (more specifically the battery storage) which has gone way way to substantially cutting the average cost of electricity they import. Looks like @jonneymendoza is vindicated

 

[jonneymendoza]

One of the key points (bolded) that literally every person ignores when going on about how combis are better

Most people replace old knackered boilers that were vastly lower efficicency even when new.

Hench why I asked someone here how they got along with one.

How about you?

How much electricity has your heat pump consumed in cost and kW compared to your old gas boiler?

 

[jonneymendoza]

This may be useful to people - the follow up to the video I posted a few days ago just dropped with whole years worth of data

Interestingly the person wouldn't have done it without solar (more specifically the battery storage) which has gone way way to substantially cutting the average cost of electricity they import. Looks like @jonneymendoza is vindicated

Lol

 

[China Man]

You need to add a lot of context to that statement to make it work.
About the only scenario I can come up with that makes that work is when you are likely to move not long after getting home PV installed.

Otherwise after running the numbers I could not get Ripple to come anywhere close to a home PV install on ROI.

FWIW I am an accountant and I do complex business cases and ROI decisions as part of my job.

I have both but my thinking is that solar is great when it is there but unless you have battery to store it and use it, export is rubbish without FIT. We need heating the most when there is little to no sun in the winter where wind farm generate income all year around. Home solar keep getting better and better but at the end of the day it is your equipment and fi anything breaks or needed replace you would hope it is under warranty or ROI would be out of the window.

But you are right about home solar having a good ROI better than ever, tech is cheaper and more assessable and reliable. My wind farm is not operational yet and I hope they can get a better whole sale price which reflect the current electricity prices rather than the good old days cheap electricity, out of interests I really what to know an account version of how ripple ROI and Home ROI, I DIY my install and maxed out the space I have to get the 4.5kw panels. Please share your insight if you have time.

 

[China Man]

This may be useful to people - the follow up to the video I posted a few days ago just dropped with whole years worth of data

Interestingly the person wouldn't have done it without solar (more specifically the battery storage) which has gone way way to substantially cutting the average cost of electricity they import. Looks like @jonneymendoza is vindicated

What is the SCOP of the install, would it make any difference to the running cost for the year if it is SCOP of lets say 2.5 or 4 ?

 

[alphaomega16]

We got a home extension that leaks the cold in, single pane windows and a naff door but no money to replace the whole lot yet so I don't think a heat pump would do us, in winter it can get close to single digits and extension has two doors leading to kitchen both that have gaps and are not very thick, id love a big lotto win so I can sort the entire house out tbh, gut absolutely everything and start from scratch lol.

 

[200sols]

ort. Looks like @jonneymendoza is vindicated

Nah, he kept saying solar not batteries

 

[Mercenary Keyboard Warrior]

Nah, he kept saying solar not batteries

Agree, important differentiation!

Now home batteries vs for example cosy would be an interesting consideration.
Cosy being the tariff that is useful for heat pumps, 2x3hr cheap(er)charging periods, but expensive peak peak.

Those of us with home batteries know that the key is the tariff for the winter months.
If you have access to a low cost overnight tariff, Go for example then your ROI is based heavily on the winter charging.
I charge at 9p (it was 7.5p until last week). That charge plus what I generate will not cover my usage on average from around Nov-Feb. (its very ish you could get a good/bad year)

I don't know anyone, bar maybe Ronski, who will have vastly over capacity of stored power.
The simple economics are, lots of battery for winter is great, but for approx 6 months of the year you dont need anywhere near as much. Once you start having decent daily generation (kicks in March type time) then you need far less storage since your need is for smoothing the peaks, and trying to cover the moment the sun "goes down" to when you can again charge cheaply.

If your buying batteries for simply heat pumps then your going to need to be careful.
Those of us with batteries already know that the winter key is the opportunity to charge batteries cheaply.
Cosy would give that to you. Run the heat pump in the 4-7am for the hot water and start the heating in effect. Also charge batteries.
Use batteries from 7am -1pm. 1-4pm charge batteries and heat the house. 4-7pm you want to be battery only since thats the very expensive part of the Cosy tariff.

TLDR yes batteries will give you the potential to run a heat pump more cheaply.
The key is, and always remains with home batteries (unless you have a very large solar array) access to a cheap offpeak tariff. Without a tariff allowing you to charge cheaply in the winter and use later the ROI basically goes to never.
So your taking the risk of buying expensive batteries on that assumption there will always be a more beneficial tariff. Its probably true, but its a hell of a gamble!

Solar and batteries your always going to make use of them in the summer. But the ROI of them goes out a lot without winter charging.

 

[jonneymendoza]

Nah, he kept saying solar not batteries

No I said the whole lot. That's what I meant. Solar panels with the batteries.

I even said it way earlier in this thread that ideally you should get solar panels and batteries.

So I was right... Lmao

 

[jonneymendoza]

Agree, important differentiation!

Now home batteries vs for example cosy would be an interesting consideration.
Cosy being the tariff that is useful for heat pumps, 2x3hr cheap(er)charging periods, but expensive peak peak.

Those of us with home batteries know that the key is the tariff for the winter months.
If you have access to a low cost overnight tariff, Go for example then your ROI is based heavily on the winter charging.
I charge at 9p (it was 7.5p until last week). That charge plus what I generate will not cover my usage on average from around Nov-Feb. (its very ish you could get a good/bad year)

I don't know anyone, bar maybe Ronski, who will have vastly over capacity of stored power.
The simple economics are, lots of battery for winter is great, but for approx 6 months of the year you dont need anywhere near as much. Once you start having decent daily generation (kicks in March type time) then you need far less storage since your need is for smoothing the peaks, and trying to cover the moment the sun "goes down" to when you can again charge cheaply.

If your buying batteries for simply heat pumps then your going to need to be careful.
Those of us with batteries already know that the winter key is the opportunity to charge batteries cheaply.
Cosy would give that to you. Run the heat pump in the 4-7am for the hot water and start the heating in effect. Also charge batteries.
Use batteries from 7am -1pm. 1-4pm charge batteries and heat the house. 4-7pm you want to be battery only since thats the very expensive part of the Cosy tariff.

TLDR yes batteries will give you the potential to run a heat pump more cheaply.
The key is, and always remains with home batteries (unless you have a very large solar array) access to a cheap offpeak tariff. Without a tariff allowing you to charge cheaply in the winter and use later the ROI basically goes to never.
So your taking the risk of buying expensive batteries on that assumption there will always be a more beneficial tariff. Its probably true, but its a hell of a gamble!

Solar and batteries your always going to make use of them in the summer. But the ROI of them goes out a lot without winter charging.

What I said here earlier and even parts in the solar panels thread is if you could live off grid with batteries.

Wasn't it you who once again debunked me in that solar panels thread where I said how you should get batteries or don't bother as trickling the power back to the grid does not yield much cost benefits?

 

[Mercenary Keyboard Warrior]

What I said here earlier and even parts in the solar panels thread is if you could live off grid with batteries.

Wasn't it you who once again debunked me in that solar panels thread where I said how you should get batteries or don't bother as trickling the power back to the grid does not yield much cost benefits?

How are you going to charge the batteries off grid?