Following the government’s increase of the Boiler Upgrade Scheme to £9,000 that was announced last week, the following is expert comment from Mitsubishi Electric Heat Pump Expert, Achilleas Georgiou…
Mitsubishi Electric’s Achilleas argues that despite the increase, renewable alternatives like heat pumps will remain out of reach for millions of UK homes due to the price of electricity being tied to gas.
“The 200,000 households in rural areas who are reliant on heating oil will welcome the extra government support to switch to a heat pump. Moving over to renewable heating will protect them from the volatility of fossil fuel price shocks and give them back space in their garden.
“While the extra funding under the Boiler Upgrade Scheme from £7,500 to £9,000 will make heat pumps more accessible to these households, renewable alternatives like heat pumps will be out of reach for millions of UK homes as long as electricity remains three to four times more expensive per kilowatt hour than gas.
“Policies that help to bridge this ‘Spark Gap’ will do more than anything to improve confidence in making the switch from gas boilers, and support the UK’s move to energy independence.”
For Mitsubishi Electric reaction to the Climate Change Committee’s latest report, click here.
