Heat pump adoption well behind long-term target
Original Article Summary
Only 5% of the government’s air source heat pump installation target is being met in England and Wales under the Boiler Upgrade Scheme (BUS), data analysed by Hewer Facilities Management has revealed. The government is targeting 600,000 heat pump installations annually by 2028. However, a review of publicly available data by Hewer, a heating, plumbing […] The post Heat pump adoption well behind long-term target appeared first on PropertyWire.
PropMatch Curated Analysis
Heat pump installations are severely behind government targets at only 5% of the 600,000 annual goal, with potential eligibility restrictions coming in the Autumn Budget.
Investor Relevance
Property investors considering energy efficiency upgrades need to understand heat pump grant availability, potential policy changes affecting upgrade costs, and the slow adoption rate which may delay mandatory requirements or create competitive advantages for early adopters.
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