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Heat Pump vs Gas Boiler Running Costs

A side-by-side running-cost comparison with break-even maths, a decision checklist, and official data links.

Published: 2026-01-22

Last updated: 2026-04-28

Last reviewed: 2026-04-28

Confidence: medium

Page review status

Written by: HeatWise Home Editorial Team

Reviewed by: Editorial review by HeatWise Home

Review status: Internally reviewed for clarity, source consistency, and calculation assumptions.

Expert review: Not currently externally expert-reviewed.

Last updated: 2026-04-28

Last reviewed: 2026-04-28

Confidence: medium

External expert review: HeatWise Home does not currently publish named external expert reviewers. We are working toward adding independent review from qualified retrofit, heating, or building-energy professionals. Until then, users should treat our calculators and guides as educational planning tools and confirm decisions with official sources and qualified installers.

This comparison is most useful when you separate running cost from installation cost.

A fair gas-vs-heat-pump test compares useful heat delivered, not raw fuel units.

All figures in this article are broad estimates. Energy prices, fuel quality, installer design, weather, grants, and household habits can change the result, so use the numbers as a planning guide rather than a guarantee.

Worked example + break-even check (illustrative)

Example only: 13,000 kWh useful heat demand. Gas boiler efficiency 89%, gas price 7.2p/kWh. Annual gas fuel cost = (13,000 ÷ 0.89) × 0.072 = about GBP1,052.

Heat pump at SCOP 3.3 with electricity at 27p/kWh gives annual cost = (13,000 ÷ 3.3) × 0.27 = about GBP1,064.

In this scenario the result is effectively tied on annual fuel spend, so grants, equipment lifetime, comfort, and carbon become the practical decision drivers.

Comparison table: what usually changes the result

These are directional planning signals, not quote-level guarantees.

ConditionLikely running-cost directionWhat to verify
Old gas boiler + strong heat pump designFavors heat pumpReal-world boiler efficiency, projected SCOP
Cheap gas tariff + high electricity tariffFavors gas boilerTariff options and time-of-use eligibility
Upgraded emitters + lower flow temperaturesImproves heat pump economicsDesign flow temp and commissioning target

Decision checklist

Have you tested high/medium/low SCOP assumptions?

Have you priced the project net of confirmed grants?

Have you compared maintenance and repair risk for the existing boiler?

Have you linked your result to the methodology page so assumptions are transparent?

Key sources

Use Ofgem and DESNZ sources for UK market context and policy updates.

Use CRU and SEAI sources for Ireland tariff and retrofit context.

Official data can set realistic ranges, but your own tariff and meter history should drive the final calculation.

Common mistakes to avoid

  • Using boiler nameplate efficiency as annual real efficiency.
  • Skipping a break-even sensitivity check.
  • Not separating running costs from full-lifecycle economics.

Conclusion

Gas vs heat pump can be close on annual running cost, so treat borderline outcomes carefully.

Use sensitivity ranges and keep the methodology visible when sharing results.

Helpful next step

Adjust fuel prices, SCOP, grants, and costs using your own numbers.

Estimate your heat pump payback

Sources used in this article

Start with your own numbers

Before requesting quotes, run the calculator first so this article's assumptions match your home, tariff, and upgrade goals.

Heat Pump Cost Calculator (CTA)

Related calculators and methodology

Related articles

Article FAQs

Gas often has a lower unit price, so the heat pump needs strong seasonal efficiency to offset the difference.

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