Not having a Heat Pump could reduce the value of your house
A review of how Energy Performance Certificates (EPCs) are calculated will boost the scores of households that use a heat pump, remote-controlled thermostats and other eco inventions backed by ministers. This system which will be in place by 2025, is part of the government’s commitment to decarbonising homes as part of its Net Zero drive as well as other initiatives such as new homes built from 2025 must have low-carbon heating systems installed.
What could this mean to the value of your house?
It could mean that those households who do not adopt green technology like heat pumps, will receive a lower score which could potentially reduce the value of a property or make it less appealing for renting or buying.
The government have already announced that properties with an EPC rating of less than ‘C’ will be illegal for landlords to rent out after 2027 in an effort to encourage landlords to commit to making houses more eco friendly. Some mortgage lenders are also encouraging people to adopt green technology by offering lower rates to those buying houses with an EPC rating of ‘A’ or ‘B’.
Should you get a Heat Pump?
Air Source Heat Pumps are a popular low-carbon heating solution in the UK and around the world. They work by taking the cold air from the outside and then turning this into heat using electricity which is then used to heat radiators or underfloor heating and hot water.
Air Source Heat Pumps are powered solely by electricity so get rid of your costly gas or oil bills and when paired with Solar Panels and Battery Storage, you can use your own electricity you have generated which will save you even more money!
There are so many ways that Air Source Heat Pumps will benefit domestic residents as well as the UK as a whole, both economically and environmentally so get in touch here for a complimentary consultation.