Heat pump installations to triple in 2024 with costs dropping to as little as £500, claims Octopus Energy

Numbers of heat pump installations are predicted to triple in 2024 by Octopus Energy in a boost to UK hopes of reaching net zero goals.

During an Environmental Audit Committee (EAC)’s inquiry MPs were told this was due to declining costs involved with installing heat pumps, as well as new advances making more homes suitable for the energy-efficient heating system.

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