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Octopus Power has launched its new own-brand sensible heating system, ‘Cosy Octopus’, which incorporates an inexpensive warmth pump that might price households as little as £3,000, as a substitute of the everyday £10,000, or may even be fitted for free with authorities grants.
‘Cosy 6’ is the vitality provider’s first warmth pump to be constructed solely in-house underneath this new sensible heating system, which Octopus Power’s CEO Greg Jackson claims ‘paves the best way to warmth pumps for everybody’.
Piqued your curiosity? Here is what you should find out about Octopus Power’s latest warmth pumps and built-in sensible heating system.
Octopus Power’s ‘Cosy Octopus’ sensible heating system
The ‘Cosy Octopus’ built-in sensible heating system consists of the ‘Cosy 6‘, the vitality provider’s new warmth pump (aka, our star of the present); ‘Cosy Hub‘, a house management system; and ‘Cosy Pods‘, that are room temperature.
Octopus Power’s new sensible heating system will enter the market with a 6kW warmth pump, which is appropriate for heating a typical three-bed dwelling. The vitality provider intends to develop and launch extra and even bigger fashions within the subsequent six months.
The system is free to put in by means of warmth pump grants just like the UK Authorities’s Boiler Improve Scheme (BUS), at present in place till 2028, for already well-insulated properties that do not want any further work completed to them with reference to enhancements to vitality effectivity.
Houses that do want some changes, however – reminiscent of new radiators, piping, or a sizzling water tank – will be capable of acquire the system for round £3,000 after the grant. In comparison with the business commonplace, this can be a steal.
‘Sometimes, an air supply warmth pump will price round £10,000 to suit, as in contrast with something as much as £35,000 for those who had been putting in a floor supply warmth pump, for instance,’ explains James Longley, managing director at Utility Bidder.
Subsequently, all issues thought of, Octopus Power’s warmth pump simply gives one of the aggressive costs in the marketplace within the grand scheme of sorts of heating programs.
‘Contemplating a brand new gasoline boiler prices round £3,000, it is now potential to put in a warmth pump for the same value as a gasoline boiler when profiting from the grant,’ provides Jon Bonnar, managing director at Cotswold Power.
This undoubtedly contributes closely to the warmth pumps vs gasoline boilers debate, to not point out rumblings of a possible gasoline boiler ban in 2025. So, for those who’re mulling over your choices, then it might be clever to contemplate warmth pump advantages and contemplate making the change as you see match – particularly if saving cash is on the high of your precedence checklist.
‘Warmth pumps have large potential to scale back vitality utilization and payments within the dwelling,’ assures Spencer Clark, head of the residential enterprise unit at Daikin UK.
‘Over its 15-year lifespan, switching from a fossil gas boiler to an air supply warmth pump can save owners greater than £3,000 when in comparison with a gasoline boiler, greater than £6000 in contrast with oil and greater than £9,000 in comparison with LPG – together with the preliminary buy and set up, upkeep and operating prices.’
Greg Jackson, CEO of Octopus Power concludes, ‘It is a large day for clear heating. The mixture of a high-temperature warmth pump (as sizzling as a gasoline boiler), Octopus sensible tariffs and room sensors throughout your own home would not simply open up cheaper clear heating – however extra consolation too.’
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