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RAP Perfect Fit Heat Pump

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RAP Perfect Fit Heat Pump ( rap-perfect-fit-heat-pump )

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REGULATORY ASSISTANCE PROJECT THE PERFECT FIT | 31 Figure 11. Payback times for switching from gas to renewable heating considering current prices and financial incentives Zero (upfront cost totally covered) < 8 years 8-12 years 12-68 years Never* *due to higher taxes on electricity than on fossil gas, savings cannot be calculated Source: Based on analysis by Coolproducts. (2021). Out of gas: EU is €70 billion away from making renewable heating affordable for all – New analysis. The development of energy service companies (sometimes referred to as ESCO models) could also provide heating as a service, whereby additional capital costs associated with heat pumps are spread over a number of years, avoiding the need for households themselves to provide capital. The suitability of such ESCO models will be dependent on household circumstances. The following sub-sections consider how proposed changes to the Energy Efficiency Directive and the Renewable Energy Directive in the Fit for 55 package could be modified to support heat pump deployment. While these directives have a much broader scope than solely the provision of financial support for heat pumps, these financial issues are nonetheless key.

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RAP Perfect Fit Heat Pump

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RAP-heat-pump-report-FINAL_2022_03.pdf

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