Heating cost comparison

Heat Pump Running Cost Calculator

Estimate annual heat pump running cost and compare it with a gas boiler delivering the same heat output.

Heat pump electricity = heat demand / COP. Boiler gas input = heat demand / boiler efficiency.

Choose the currency that matches the prices you enter. SaveWatt formats your result but does not convert exchange rates.

Use seasonal COP where possible

A seasonal performance figure is usually more useful than a best-case COP from a single mild day.

Running cost is not the full decision

Installation cost, grants, insulation, hot water setup, noise and maintenance should also be considered.

Heat pump FAQ

What is COP?

COP, or coefficient of performance, estimates how many units of heat a heat pump produces for each unit of electricity.

Why compare with boiler efficiency?

A boiler uses more fuel energy than useful heat delivered, so efficiency helps compare like-for-like heat output.