Heat Pump Price Plan

For Homes with Heat Pump Technology

Our best price for homes with Heat Pump Technology

Introducing our exclusive Heat Pump Price Plan for homes that use electricity for everything from lighting and cooking to heating and hot water. If you use an electric heat pump, we offer extra savings to ensure that your environmentally-friendly home is also a cost-efficient home.

Request a Callback

As a new Electric Ireland customer you’ll enjoy:

  • A Sign-Up Bonus of up to €150
  • The Heat Pump Price Plan with 5% off the standard day rate and 10% off our standard night rates
  • A further discount of 5.5% is then applied due to Online Billing and Direct Debit
  • Estimated Annual Bill €833 (incl. VAT)*
  • Night Unit Rate of 8.60 c/kWh (incl. VAT)*
  • Day Unit Rate of 18.41 c/kWh (incl. VAT)*
*EAB and Unit Rate are calculated for an urban customer who has opted for Night Saver, Online Billing and Direct Debit with a 50:50 usage breakdown between night and day. Actual bill may vary based on consumption.
Happy family in kitchen

Why use a Heat Pump?

Heat pumps, also known as an air-to-water heat pumps, work by extracting heat from the air or the ground outside your home and use it to heat your water for use in the home or in radiators or underfloor heating systems.

As heat pumps are powered by electricity and the amount of energy required is small compared to the energy it extracts, they are much more energy efficient than traditional heating systems.
  • Request a callback about the Heat Pump Price Plan

  • A member of our sales team will be in touch to complete your sale.

    Electric Ireland requires the below information to call you back to discuss this offer. The data controller is the Electricity Supply Board, trading as Electric Ireland. Please refer to our Privacy Notice.

You Ask, We Answer

1. What is a Heat Pump?

A heat pump is a machine that extracts heat from one place and transfers it to another. The heat pump is not a new technology; it has been used in fridges since the early 1800's. Refrigerators and air conditioners are both common examples of heat pumps. Heat pumps transfer heat by circulating a substance called a refrigerant through a cycle of alternating evaporation and condensation. A compressor pumps the refrigerant between two heat exchangers. In one heat exchanger, the evaporator, the refrigerant is evaporated at low pressure and absorbs heat from its surroundings. The refrigerant is then compressed en-route to the second heat exchanger, the condenser, where it condenses at high pressure. At this point, it releases the free heat it absorbed earlier in the cycle. The heat from the fluid is transferred to the water in your heating system, including radiators and underfloor heating, as well as your hot water tank.

See the Electric Ireland Heat Pump Video and the Electric Ireland Help Section for more details.

2. How much do heat pumps cost and are there any grants?

Heat pumps are more costly than conventional fossil fuel boilers to purchase. However, homeowners who adopt this low carbon alternative can avail of grants to offset the additional cost. The SEAI currently offer a grant of €3,500 towards the cost of installing a heat pump system in homes built before 2011. To further support this Electric Ireland offer energy credits towards your electricity bill of up to €1,019.20 depending on what type of heat pump is installed through The Energy Efficiency Incentive. These grants and energy credits further reduce the overall cost of installation.

Air source heat pump installations usually cost between €8,500 and €14,500, depending on the size and power of the heat pump, how much hot water storage you require and whether you want the heat pump to be controllable over the internet. Ground source systems range from €12,500 to €23,500, again depending on the size of heat pump, hot water cylinder and ground loop system. Because each home is unique, the installed cost of a heat pump is different for each home and will depend on the size and type of heat pump and the position of the outdoor compressor unit. More information is available in the Electric Ireland Help Section.

3. Do I need to service my heat pump and how much maintenance is required?

Heat Pumps should last for 15 - 20 years and generally come with a 3 - 7 year warranty. A heat pump system will benefit from annual servicing to ensure that all the mechanical connections are sound, settings are at their optimum and that the heat collector is working properly. Regular professional servicing may also be required to validate extended warranties, this varies from manufacture to manufacture. Depending on the make and model of heat pump you may be able to complete some of the filter cleaning activities to ensure your heat pump continues to perform efficiently.

4. Do I need a Night Rate meter?

A Day/Night meter will allow you to take advantage of cheaper night rate electricity. The night rate is around half the price of day rate, and a heat pump which is linked to the weather takes natural advantage of what is usually the coldest period in the 24hr cycle. Heat Pump Systems can be programmed to maximise the utilisation of cheaper night rate electricity.

For more details on electricity meters and connecting an additional meter you can visit the Electric Ireland Help Section and ESB Networks.

5. Can I link solar panels to the heat pump?

Yes, Solar PV and Solar Thermal Systems can be integrated to work with your heat pump system depending on the make and model of your heat pump.

More details on heat pumps and other technologies to make your home more efficient are available in the Electric Ireland Efficiency Help Section.