Interest in the Boiler Upgrade Scheme continues to grow, with a notable rise in applications as more homeowners look to heat pumps as a sustainable alternative to traditional heating systems.
Year-on-Year Growth in Applications
The Boiler Upgrade Scheme has seen a remarkable 81% increase in applications in June 2024 compared to the same period last year. Official government statistics report that 2,687 applications were submitted, demonstrating strong year-on-year growth despite a slight dip from the previous month.
In addition to the rise in applications, 1,669 grants were paid out in June 2024, bringing the total number of grants awarded since the scheme’s inception in May 2022 to 28,596. GOV.UK outlines how to apply for the scheme here:
Trends in Heat Pump Installations
The majority of grants under the Boiler Upgrade Scheme have been used to replace existing gas heating systems, accounting for 48% of installations. A significant portion of the remaining demand comes from properties transitioning away from oil boilers, with 20% of recipients making the switch.
The costs associated with these installations vary, with air-source heat pumps averaging £13,095 and ground-source systems ranging from £21,833 to £25,000.
Industry and Government Response
The industry has responded positively to the growth in Boiler Upgrade Scheme applications, with experts like Gail Parker from British Gas Zero noting the steady rise in demand for heat pumps. This continued growth is seen as a positive indicator that more homeowners are prioritising sustainable heating options. However, industry leaders are also calling for further measures to make heat pumps more accessible and affordable.
The UK government remains committed to its ambitious heat pump targets, aiming for 600,000 installations annually by 2028. While recent changes to the Boiler Upgrade Scheme, such as increasing the grant to £7,500, have been well-received, there are concerns that more needs to be done to incentivise uptake among lower-income households. For more information on repair and maintenance for boilers Cheltenham, visit an expert such as www.hprservicesltd.com/cheltenham-boilers/boiler-repair-cheltenham/.
The Boiler Upgrade Scheme continues to play a vital role in driving the adoption of sustainable heating solutions across the UK.
