'Major leaps forward': Octopus launches heat pump as cheap as a gas boiler

Stuart Stone
clock • 3 min read
Credit: Octopus
Image:

Credit: Octopus

A 'serious breakthrough' has allowed Octopus Energy to offer customers heat pumps at a similar price to gas boilers, it claims

Buying and installing Octopus Energy's latest heat pump could cost as little as £2,500 when government grants are applied, following what the firm's chief executive has labelled "a serious breakthrough"....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

ClimateAi launches 'world-first' AI model for climate resilience planning

ClimateAi launches 'world-first' AI model for climate resilience planning

San Francisco tech firm merges weather data, consumer spending patterns, and socio-economic factors to support climate adaptation and risk management measures

Stuart Stone
clock 21 May 2025 • 3 min read
Ofwat Water Breakthrough Challenge: Drones, satellites, and underwater robots secure funding boost

Ofwat Water Breakthrough Challenge: Drones, satellites, and underwater robots secure funding boost

Innovation challenge backs a range of projects designed to tackle leaks and curb environmental impacts across the water industry

clock 20 May 2025 • 3 min read
'It isn't magic, but it's close': Better Dairy and the quest for cow-free cheese

'It isn't magic, but it's close': Better Dairy and the quest for cow-free cheese

Advances in precision fermentation and cell-cultivated food technologies mean lab-grown cheese could soon hit the shelves - but can the nascent sector realise the economies of scale needed to trim its cost base?

Michael Holder
clock 20 May 2025 • 10 min read