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Irish Mirror
Irish Mirror
National
Gráinne Ní Aodha

Installing electric heat pumps in Irish homes could increase costs by up to 46%, research paper finds

Electricity

A policy to install hundreds of thousands of electrically-powered heat pumps in homes across Ireland could increase power costs by up to 46%, a research paper has found.

As part of the Climate Action Plan 2021, the Government plans to replace oil and solid-fuel boilers with heat pumps powered by renewable electricity, with the aim of installing 400,000 heat pumps in existing buildings by 2030.

The Government also aims to retrofit around 500,000 buildings with insulation to a B2-equivalent rating by 2030.

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