• Governments offer grants and subsidies to make heat pumps more affordable, aiming to reduce climate impact.
  • The UK’s Boiler Upgrade Scheme and EU policies boost heat pump adoption with financial support and targets.
  • Germany offers up to €21,000 in subsidies; the USA provides 30% tax credits and $9 billion in rebates.

Heat pumps are the efficient, green choice, but will your government help you buy one?

Governments around the world are increasingly backing heat pumps to fight climate change. They’re offering various grants and subsidies to make installing heat pumps easier and cheaper for homeowners and businesses.

In the UK, the Boiler Upgrade Scheme is a key initiative

The scheme provides substantial financial help for installing heat pumps in existing homes. After a swift application process, you could receive up to £7,500 to upgrade to a heat pump. Find out more about the scheme, and even apply for yourself, here.

Across Europe, the push is even stronger

The European Union is encouraging member states to create subsidy schemes for heat pumps. Recent legislation, like the REPowerEU plan, aims to raise the 2030 renewable energy target from 40% to 45%. This plan also focuses on speeding up heat pump deployment and integrating renewable energy sources into heating systems. EU policies stress the need for consistent support and investment in heat pump technology.

In Germany, for example, homeowners can receive up to €21,000 in subsidies for heat pumps starting in 2024. The previous year saw a huge spike in interest, with nearly 350,000 applications.

What about the US?

In the US, the federal Clean Energy Tax Credits cover 30% of heat pump costs, capped at $2,000 annually. Additionally, the Inflation Reduction Act provides nearly $9 billion for state and tribal energy rebate programs, focusing on low- and moderate-income families.

These initiatives not only make heat pumps more affordable but also promote their environmental benefits. By supporting this technology, governments are helping reduce emissions and move towards a greener future.