Boiler Upgrade Scheme: How one small clause is holding back affordable finance for heat pumps

clock • 5 min read

A common-sense legislative tweak and a coordinated effort between energy, housing and finance would dismantle barriers to mass heat pump uptake, argues Fornax CEO David Leviseur

We can all agree that heat pump uptake in the UK isn't anywhere close to where it ought to be. In 2023, only 39,268 heat pumps were installed, according to the MCS Foundation, meaning the rate of installations...

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 Energy

IEA: Global clean energy system investment to reach $2.2tr in 2026

IEA: Global clean energy system investment to reach $2.2tr in 2026

Global investment in building a clean energy system worldwide expected to once again surpass amount funnelled towards oil, gas and coal, International Energy Agency has found

Michael Holder
clock 28 May 2026 • 5 min read
 Octopus Energy's smart 'Tenant Power' tariff arrives in Wales

Octopus Energy's smart 'Tenant Power' tariff arrives in Wales

Tariff offers reduced bills for social housing tenants and financial incentives for landlords to install green technologies

clock 28 May 2026 • 2 min read
UK homes and businesses drive 'record-breaking' solar rollout in 2025

UK homes and businesses drive 'record-breaking' solar rollout in 2025

Nine of the 10 strongest months for UK solar installations occurred within the past year, official figures confirm

Stuart Stone
clock 28 May 2026 • 4 min read