Energy crisis fuels heat pump boom

23 Mar Energy crisis fuels heat pump boom

(Oilandgaspress) -Octopus Energy unveiled a revolutionary new tool proving that heat pumps aren’t just the future – they’re cheaper right now.

The Cosy Heat Pump Fleet Performance Dashboard* streams up-to-date efficiency and cost data from all Cosy heat pumps in thousands of real British homes, providing total transparency in the face of ongoing misinformation from fossil fuel lobbyists.

Designed and manufactured by its specialist team near Belfast, Octopus’ award-winning Cosy heat pump includes multiple sensors which measure temperature and humidity and enable a more comfortable home.

Octopus offers optional remote servicing to keep systems in top condition – no annual service visit needed. It also provides wireless software updates (just like a smartphone or computer) to boost comfort, control and efficiency even after installation.

The new dashboard collects anonymised aggregate data and proves that over the last month, Cosy systems generated over 4 kWh of heat for every 1 kWh unit of energy put in, with a COP (efficiency rating) of 4.11. This compares with a generally accepted COP of 0.85 for a gas boiler**, meaning Octopus’s heat pumps run at about 4.7 times the efficiency of gas boilers.

The dashboard also allows users to drill down into regional data, showing exactly how much heat is delivered for every kWh of energy used to power the Cosy fleet across Great Britain.

With an annual average performance of 3.68 (Seasonal Performance Factor or SPF), the data confirms that the Cosy is officially winning the battle against the gas boiler.

Not just on performance, but Cosy wins on price too – 80% of Cosy heat pumps have been cheaper to run over the last year than a gas boiler. Customers on Octopus’ heat pump tariff, Cosy Octopus, saved on average £219 a year vs a gas boiler.

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