Funding your change to an energy-efficient heat pump? Find out more about the different incentives on offer, and how to make your eco-friendly home even more affordable.
Eco-friendly heating that’s better for the planet
– and your pocket
Achieving a warmer and more eco-friendly home could be easier than you think. In fact, there are a number of ways make your Daikin Altherma heat pump more affordable, so you can enjoy a positive change for years to come.
With Daikin’s high-performance technology, not only could you save hundreds on your heating bills every single year – you may be eligible for financial incentives to help you offset the cost of installation, too.
And it’s simple to find which government grants, financial incentives or cashback schemes are available to you.
England and Wales: Boiler Upgrade Scheme
Boiler Upgrade Scheme
The Boiler Upgrade Scheme (BUS) is a UK Government initiative launched in Spring 2022 to encourage householders in England and Wales to switch to low-carbon heating systems in place of existing gas or oil heating. The scheme offers up to £5,000 to assist with the upfront costs of upgrading to air source heat pumps. The BUS is part of a wider Heat and Buildings Strategy, which aims to change the way we heat our homes and help meet the UK’s net-zero carbon emissions target by 2050.
What is the application process?
1. Installer receives instruction from the property owner to carry out installation and apply for BUS grant
2. Installer applies to Ofgem for a voucher, providing all necessary information
3. Ofgem contacts property owner and they confirm their consent
4. Ofgem assess the application and once satisfied, and property owner consent confirmed, issue a voucher to the installer
Scotland: Home Energy Scotland Loan
Scotland has a separate Heating Grants system, called the Home Energy Scotland Loan. This scheme allows homeowners to apply for up to two home renewables systems per home, up to £17,500 in total, plus an energy storage system up to a maximum of £6,000. This can include up to £11,750 cashback funding (including a £500 incentive for installing a heat meter alongside a heat pump).
Renewable Heat Incentive
The domestic Renewable Heat Incentive is now closed to new applicants.