ASHP Cost Formula:
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Definition: This calculator estimates the operating cost of an air source heat pump (ASHP) based on heat load, COP, and electricity price.
Purpose: It helps UK homeowners and installers understand the running costs of ASHPs compared to traditional heating systems.
The calculator uses the formula:
Where:
Explanation: The heat load is divided by the COP to get electrical energy consumed, then multiplied by electricity price to get cost.
Details: Accurate cost estimation helps in budgeting, comparing with gas boilers, and understanding seasonal variations in running costs.
Tips: Enter your heat load in kWh (annual or seasonal), typical COP (default 3.5), and current electricity price (default £0.34/kWh).
Q1: What is a typical COP value?
A: COP typically ranges from 2.5-4.0 depending on outside temperature and system efficiency. 3.5 is a good average for UK conditions.
Q2: How do I find my heat load?
A: Use heat loss calculations from an energy assessment or your current gas usage (1 kWh gas ≈ 1 kWh heat).
Q3: Does this include installation costs?
A: No, this only calculates operating costs. Installation is a separate upfront cost.
Q4: How does this compare to gas heating?
A: Compare with (Load × Gas Price). ASHP is cheaper when (Gas Price) > (Electricity Price)/COP.
Q5: Should I use time-of-use tariffs?
A: ASHPs work well with off-peak tariffs (like Economy 7) to reduce operating costs further.