♨Heat Pump Running Costs

About this site

Heat Pump Running Costs is an independent UK site that estimates what a heat pump costs to run at current energy prices. We don’t sell or install heat pumps.

How we make money

We take part in the Octopus Energy refer-a-friend scheme. If you switch to Octopus through a link on this site, you and we each receive £50 account credit. It doesn’t change the price you pay. We are not affiliated with, or endorsed by, Octopus Energy.

Where the figures come from

  • Gas and electricity prices: Ofgem price cap averages for 1 October – 31 December 2026 (source).
  • Cosy Octopus: the discount and peak uplift published by Octopus (source), applied to a day rate of 26.32p. Real rates vary by region.
  • Home types: typical yearly gas use. Your own bill is a better guide.
  • Boiler efficiency: 85%.

Not financial advice

Everything here is general information and estimates. Get a proper heat loss survey and quotes before making a decision.

Privacy

This site has no accounts or forms and doesn’t collect personal data. The calculator runs in your browser. Fonts are loaded from Google Fonts. If you follow a link to Octopus Energy, their privacy policy applies.

Last updated 5 October 2026.