Avoid The Energy Price Hike With A GSHP

by | Oct 11, 2021

We don’t know about you, but we’ve had a pretty chilly week here at Borehole Solutions. It’s starting to feel like Winter and we’re still over 2 months away! Of course, we’re pretty used to the cold weather because we’re always hitting the road in the wee hours of the morning or working overnight, but it got us thinking about how much colder it could get this year. We still like to be cosy at home in our free time!

Heating a house can be very costly, especially with the huge hike in energy prices this year. It might be time to start looking at an alternative for how you will heat your house this Winter and all those going forwards too. Borehole Solutions are experts at installing ground source heat pumps (GSHPs) and we think that this would be the ideal solution for anyone looking to cut down their bills in the long-term. However, that’s not the only advantage of a GSHP.

The Advantages of a Ground Source Heat Pump

They pay for themselves

To start off with, we’ll let you know that installing a GSHP isn’t “cheap” in terms of the initial cost. Depending on your requirements, it can cost anywhere in the range of £10k-£30k. However, before you click away, remember that this is an investment. Ground Source Heat Pumps can end up paying for themselves in just a few years, after which the costs are minimal.

How can it pay for itself in just a few years? For starters, the only ongoing cost is that of running the pump itself. This means that nearly the entirety of your heating bill can be instantly eradicated. Over a 10-year period, for example, this could be a huge cost saving. On top of this, the government will reward you for taking this step. As GSHPs use renewable energy, the Renewable Heat Incentive (RHI) can help cover much, if not all, of the initial cost over a 7-year period. You can use their handy online calculator to see just how much you could receive.

On top of this, should you ever wish to move house, a GSHP is a great selling point. Studies have shown that improving your home’s EPC (Energy Performance Certificate) rating can increase the house value by over £16k. GSHPs are a huge step in the right direction for this.

Environmentally Friendly

As we say, a ground source heat pump is so good for the environment that the government are paying out a good sum of money to help roll them out across the country. This is due to the UK trying to hit a target of becoming carbon neutral by 2050, which seems a long way away, but there’s a lot to do!

Traditionally, our heating systems rely on burning fossil fuels, which is very bad for the environment. Switching to a GSHP, you can eliminate, or greatly reduce, carbon emissions for your heating, depending on how you power the pump.

Space Saving

Ground source heat pumps, unsurprisingly, are installed underground. This means they are completely out of the way, so you can use the space a boiler would normally take up with something else. Extra storage space? A new, usable room? Whatever you want!

Contact Us

It is very important to use an experienced contractor like Borehole Solutions to ensure that the GSHP is installed professionally and correctly, or you could face issues down the line. If you’d like more

information on ground source heat pump installation ready for Winter, or any of our other services, get in touch!

Contact Borehole Solutions today on 01733 200 501. We also offer an extensive range of other geotechnical services, including sonic, rotary and cable percussion drilling, as well as soakaway, water well and ground source heat pump installations! Or take a look at our Instagram page to see images of our previous work.