Renewable Heating Hub Heat Pump Forums

Search with Wattson
Forums
Renewable Heating
Air Source Heat Pum...
Octopus ASHP Offer
 
Notifications
Clear all

Joining the Renewable Heating Hub forums is completely free and only takes a minute. By registering you’ll be able to ask questions, join discussions, follow topics you’re interested in, bookmark useful threads and receive notifications when someone replies. Non-registered members also do not have access to our AI features. When choosing your username, please note that it cannot be changed later, so we recommend avoiding brand or product names. Before registering, please take a moment to read the Forum Rules & Terms of Use so we can keep the community helpful, respectful and informative for everyone. Thanks for joining!

Octopus ASHP Offer

 
Page 2 / 2
Air Source Heat Pumps (ASHPs)
Last Post by Jeff 5 years ago
23 Posts
7 Users
32 Reactions
8,124 Views
RSS
 Derek M
(@derek-m)
Illustrious Member Member
Joined: 6 years ago
Posts: 4425
29/05/2021 12:12 pm  

I don't think the voters with gas central heating would agree.



   
👍
4
ReplyQuote
 batalto
(@batalto)
Noble Member Member
Joined: 5 years ago
Posts: 1092
29/05/2021 4:53 pm  

@derek-m that depends. You could move it onto electricity at roughly equal rating. I believe most people's bills are roughly 50/50. So you could make the electricity bill £200 less and the gas bill £200 more - as an example. This would be cost neutral for a normal person. However if you want to incentivise people to switch the main driver will have to be in their pocket. An ASHP makes sense for me as I have batteries and solar. Without them it wouldn't. What you need is that ASHP heating is 2/3 the price of gas per year. A material difference you can easily work out would increase uptake. Everyone cares about the environment, few are prepared to pay more about it in real life


12kW Midea ASHP - 8.4kw solar - 29kWh batteries
262m2 house in Hampshire
Current weather compensation: 47@-2 and 31@17
My current performance can be found - HERE
Heat pump calculator spreadsheet - HERE


   
👍
2
ReplyQuote
Jeff
 Jeff
(@jeff)
Noble Member Member
Joined: 5 years ago
Posts: 644
Topic starter 29/05/2021 10:35 pm  
Posted by: @derek-m

Hi Jeff,

Is that not a contradiction in terms, having government and strategy in the same sentence?

Let me know when you see the report, I would be interested in reading it.

Some initiatives were included in a press release yesterday. 

https://www.gov.uk/government/news/44-million-cash-boost-to-cut-emissions-from-buildings-and-help-households-save-on-energy-bills



   
ReplyQuote
 Kev M
(@kev-m)
Noble Member Member
Joined: 6 years ago
Posts: 1276
30/05/2021 8:15 am  
Posted by: @batalto

@derek-m that depends. You could move it onto electricity at roughly equal rating. I believe most people's bills are roughly 50/50. So you could make the electricity bill £200 less and the gas bill £200 more - as an example. This would be cost neutral for a normal person. However if you want to incentivise people to switch the main driver will have to be in their pocket. An ASHP makes sense for me as I have batteries and solar. Without them it wouldn't. What you need is that ASHP heating is 2/3 the price of gas per year. A material difference you can easily work out would increase uptake. Everyone cares about the environment, few are prepared to pay more about it in real life

Gas heating is about half the price of ASHP at the moment, give or take. If ASHP were to be 2/3 the price of ASHP, gas would have to treble if ASHP stayed the same.  Or double if ASHP reduced by 1/3 (please check my arithmetic!).  The other problem is, apart from CO2 emissions, gas is better at heating homes - it's cheaper, simpler, more flexible and a lot more forgiving of older properties and profligate use.   I agree incentives are important but I don't think the move away from gas can be cost-neutral for consumers.  It's going to need some careful balancing of carrots and sticks by those in power.  I think the days of cheap home heating are numbered.  



   
ReplyQuote
 Derek M
(@derek-m)
Illustrious Member Member
Joined: 6 years ago
Posts: 4425
30/05/2021 10:46 am  

Thanks Jeff,

It makes interesting reading.

Have you read the energy white paper? There is a link contained within the above document.



   
ReplyQuote
Jeff
 Jeff
(@jeff)
Noble Member Member
Joined: 5 years ago
Posts: 644
Topic starter 14/06/2021 10:11 am  
Screenshot 20210613 221314 com.android.chrome


   
ReplyQuote
Jeff
 Jeff
(@jeff)
Noble Member Member
Joined: 5 years ago
Posts: 644
Topic starter 14/06/2021 10:15 am  

Countdown timer added to boiler page.

 

https://octopus.energy/l/heat/?gclid=EAIaIQobChMIh8Sp58KV8QIVJeLmCh2L2wdlEAAYASAAEgJAwfD_BwE



   
ReplyQuote
 batalto
(@batalto)
Noble Member Member
Joined: 5 years ago
Posts: 1092
14/06/2021 11:14 am  

@jeff Only 480 days to go...


12kW Midea ASHP - 8.4kw solar - 29kWh batteries
262m2 house in Hampshire
Current weather compensation: 47@-2 and 31@17
My current performance can be found - HERE
Heat pump calculator spreadsheet - HERE


   
👍
4
ReplyQuote
Jeff
 Jeff
(@jeff)
Noble Member Member
Joined: 5 years ago
Posts: 644
Topic starter 14/06/2021 12:54 pm  

I assume the long lead time is linked to this announcement

"Octopus Energy is investing £10m to build the UK’s first major training centre for heat pump engineers, which they say will create a huge jobs bonanza." 

 

 



   
👍
2
ReplyQuote
 Nigel42
(@nigel42)
Trusted Member Member
Joined: 6 years ago
Posts: 32
17/06/2021 7:51 pm  

That explains why they are offering reduced price shares to their current shareholders! 



   
👍
2
ReplyQuote
Jeff
 Jeff
(@jeff)
Noble Member Member
Joined: 5 years ago
Posts: 644
Topic starter 21/06/2021 6:58 pm  

A hint on the price point of the Octopus offer when it is launched but maybe they are just playing?

Screenshot 20210621 184254


   
ReplyQuote
Page 2 / 2
Forum Jump:
  Previous Topic
Next Topic  

Currently viewing this topic 1 guest.

Share:

SPONSORS

Join Us!

Installer Finder

Degrees of Separation

Latest Posts

SPONSORS

Members Online

 No online members at the moment

Click to access the login or register cheese
Protected By
Shield Security PRO