British Gas kicks off price war for heat pumps
1 year, 11 months ago

British Gas kicks off price war for heat pumps

The Telegraph  

British Gas has kicked off a price war for heat pumps as the drive to replace gas boilers gathers pace. Andrew Middleton, managing director of British Gas’s new net zero business division, said: “Heat pumps are an essential part of the UK’s journey towards a decarbonised future. “We recognise that many households are being cautious with their spending in the current climate and want to do all we can to make this technology more affordable – so that those customers who can make the move to low carbon heating feel compelled to do so now.” British Gas, which is owned by the FTSE 100 company Centrica, says it has installed more than 2,300 heat pumps so far. Lord Callanan, business and energy minister, said: “It is fantastic that homeowners across England and Wales will benefit from the clean, efficient energy that heat pumps deliver and at a much more competitive price than they would have been sold for just a few years ago.” Octopus Energy, now the country's third largest household supplier after its takeover of Bulb last month, said it was "delighted" at the competition on heat pump sales.

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