Mims is pleased to support the boiler upgrade scheme grant that has Increased to £7,500 for heat pumps.
The Prime Minister set out in his speech on the 20th September that in order to safeguard reaching our Net Zero targets, we must bring the public with us by taking a pragmatic and proportionate approach.
He has therefore announced that the Government would delay the ban on installing new fossil fuel boilers off the gas grid in England until 2035 - but increase the incentive for households on and off the grid to make the switch to low carbon heating technologies. Households will only ever have to make the switch when they are replacing their boiler anyway, and even then, not until 2035.
The Boiler Upgrade Scheme is a key mechanism for supporting property owners, including landlords, in England and Wales with this transition.
As of the end of October, households are able to access the increased grant which is one of the most generous schemes of its kind in Europe. This means that for some households, the cost of replacing a boiler with a heat pump or equivalent is the same or sometimes cheaper than replacing with a traditional fossil fuel boiler.
The Government is very aware that upfront installation costs remain a barrier to uptake of low carbon heating technologies such as heat pumps or biomass boilers. The cost of installing these technologies can range from £8,000 to £15,000 – an expense that the Prime Minister felt was too much at a time when many families’ budgets are being squeezed.
Low carbon heating remains an integral part of our ambition to hit our Net Zero targets and we remain committed to our goal of installing 600,000 heat pumps per year by 2028. That is why the Prime Minister announced that we would be increasing the grant for air source heat pumps by 50 per cent, from £5,000 to £7,500. The grant for ground source heat pumps has also increased from £6,000 to £7,500.