Heat Pumps Are a ‘Financially Irrational' Investment, Says Trade Body

Energy efficient heat pump with a sun flare
(Image credit: Getty Images)

Buying a heat pump is a 'financially irrational' investment, according to a new study from a not-for-profit trade body.

Air source heat pumps (ASHPs) and ground source heat pumps (GSHPs) are widely considered to have a huge role to play in lowering carbon emissions from homes, but they can be expensive to install.

Jack Woodfield
News Editor

Jack has worked in journalism for 11 years and was the News Editor for Homebuilding & Renovating from 2019 until the beginning of 2023. He strives to break the most relevant and beneficial stories for self builders, extenders and renovators, including the latest news on the construction materials shortage and hydrogen heating. In 2021 he appeared on BBC's The World at One to discuss the government's planning reforms. 

He enjoys testing new tools and gadgets, and having bought his first home in 2013, he has renovated every room and recently finished a garden renovation.