Chart shows annual heating bills for medium-sized home with an oil boiler (£1,476), an LPG boiler (£1,473) and a heat pump (£784), all at current energy prices. The heat pump is considerably cheaper to run, saving over £650
The UK government has announced £9,000 subsidies for households with oil and LPG boilers to get a heat pump.
This is seriously good deal for rural homes - not only does it lower the upfront cost, a mid-sized home could save over £650 a year by switching from oil to a heat pump at current prices...