Heat Pump Lifetime Cost Calculator

Project 20-year total ownership costs

Calculate lifetime costs: Compare total 20-year ownership costs for heat pumps versus traditional gas boilers. Includes installation, running costs, maintenance, and replacements to determine true long-term savings.

Lifetime Cost Calculator

Heat Pump System

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Type of heat pump system
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Total upfront installation cost
Expected annual running cost
📈
Expected yearly cost inflation

Maintenance & Repairs

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Annual service & maintenance cost
⏱️
Estimated year needing replacement (0 if not expected)
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Cost of compressor replacement
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Years to calculate (typically 15-25)

Comparison Baseline (Gas Boiler)

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Cost to install replacement gas boiler
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Expected annual gas heating cost
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Expected yearly gas price inflation
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Annual gas boiler service cost

Cumulative Cost Comparison

Shows how total costs accumulate over 20 years for heat pump vs gas boiler.

Typical 20-Year Costs

ASHP System: £10,000 installation + £1,200/year electricity = £34,000 total
Gas Boiler: £4,000 installation + £1,500/year gas = £34,000 total
With Carbon Tax: Gas boiler could cost +£3,000-5,000 more over 20 years
Break-Even Point: Typically 5-10 years depending on fuel costs and grants

Example: 8kW ASHP vs Gas Boiler (20 Years)

1
Heat pump installation: £10,000
2
Electricity costs (20 yrs @ 3% growth): £26,850
3
Maintenance & repairs: £4,000
4
Heat Pump Total: £40,850 vs Boiler £35,000

20-Year Cost Benchmarks

ASHP (Typical)

£35,000-40,000

4-8kW system, electricity £1,200-1,500/year

GSHP (Typical)

£42,000-48,000

8-12kW system, electricity £900-1,100/year

Gas Boiler (Typical)

£34,000-38,000

Replacement every 10 years, gas £1,400-1,800/year

Break-Even

5-10 Years

When total costs become equal (varies by location)

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