DESNZ recognised that the cost of running heat pumps was also a key barrier to heat pump adoption. It explained that, as they are based on electricity, heat pumps are more expensive to run than fossil fuel boilers because of the cost of electricity is higher than gas.17 This view was supported by written evidence to our inquiry from some energy suppliers including Good Energy and Octopus Energy; a consumer campaign group, Fuel Poverty Action; and Energy UK.18 In their written evidence, the He...
DESNZ recognised that the cost of running heat pumps was also a key barrier to heat pump adoption. It explained that, as they are based on electricity, heat pumps are more expensive to run than fossil fuel boilers because of the cost of electricity is higher than gas.17 This view was supported by written evidence to our inquiry from some energy suppliers including Good Energy and Octopus Energy; a consumer campaign group, Fuel Poverty Action; and Energy UK.18 In their written evidence, the Heat Pump Association and the MCS Foundation told us that the UK’s price ratio between electricity and gas prices of 4:1 was one of the highest in Europe.1 Type: conclusion | Number: 10 | Response status: not_addressed Government response: The government agrees with the Committee’s recommendation. Target implementation date: to be confirmed 1.4 The implementation of recommendations is dependent on further steers from new ministers, and the department will inform the new Committee as soon as an impl