Financial help for your heat pump

£7,500 government grants available.

Most homeowners in England and Wales are eligible for the Boiler Upgrade Scheme grant to help cover the cost of installing a heat pump. The installer will apply on your behalf on the Ofgem website.

To qualify, you’ll need to meet the following criteria:

• you own the property - whether it’s your main home or a second property
• you’re replacing an existing fossil fuel heating system - such as gas, oil, electric, or LPG
• your property has a valid Energy Performance Certificate (EPC)
• the property is located in England and Wales

Check if a heat pump could be suitable for you (gov.uk)

Save on a new electric car

Government has committed £2bn in grants to slash electric car prices, saving UK households up to £3,750 when you upgrade or switch to eligible electric vehicle models with an RRP under £37,000.

Available grant amounts are based on sustainability criteria, with the greenest vehicles in band one receiving up to £3,750 and band two vehicles receiving up to £1,500.

If you’re buying a fully electric car, you’ll benefit from lower tax costs, including first-year Vehicle Excise Duty (road tax) of just £10 for zero emission vehicles, along with generous salary sacrifice and Benefit in Kind rates.

From now until 2035, more than £7.5bn has been committed to support the transition to EVs, including grants for EV charge point installation.

Electric and hybrid vehicles eligible for a plug-in grant (gov.uk)

Warm Homes Plan

The UK Government’s Warm Homes Plan includes plans for:

• fully funded support for low-income families
• low and zero-interest loans for homeowners regardless of income

This will help homes across the UK install solar panels, heat pumps and other home energy efficiency improvements.

Apply for the Warm Homes Local Grant to improve your home (gov.uk)

Low and zero-interest loans for homeowners regardless of income

The Warm Homes Plan aims to ensure that everybody has access to support to install measures that will bring down their energy bills. 

Through a Warm Homes Fund, homeowners will have access to low and zero-interest loans to cover the costs of installing: 

• solar panels
• battery storage
• heat pumps
• smart controls
• home insulation
• draught proofing

Financial support for home energy efficiency (energysavingtrust.org.uk)