![]() Homeowners can already access a £5,000 grant for installing heat pumps under a £450m government scheme. He said this idea would be one of several examined by the commission, with other options including commercial bank loans and government loan schemes that would have to be paid for through energy bills or general taxation. “The rationale, if you have not got the cash, is to say, ‘can I borrow against the value of my property?’ “So where does the average person find £15,000? It is not easy. And is that all? Well, no, not if your home needs to be made thermally efficient as well, which could cost another £5,000. ![]() Sir John said: “Depending on the size of your home, a heat pump could cost you anything between £8,000 and £15,000. ![]()
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