19 March 2024
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Russell Dean, Residential Product Group Director at Mitsubishi Electric comments on the recent report by the National Audit Office (NAO) which reiterates that now, more than ever, we must overcome the biggest barrier to large scale heat pump deployment, which is high energy costs. This is essential for us to reach the government’s heat pump installation targets by 2028.
Russell said: “Rebalancing the cost of electricity and gas and removing levies from electricity bills will result in immediate savings for households looking to make the switch as the rising cost of living places an increasing strain on families across the UK. Failing to do so will be hugely damaging to the decarbonisation of home heating – which accounts for 14% of the country’s current emissions – and the country’s progress towards Net Zero.
“With over 70% of consumers knowing little to nothing about how heat pump technology works, educating consumers on the importance of heat pump technology will also be crucial to encouraging wider uptake. This will ultimately accelerate adoption, decarbonise home heating and help us hit the all-important Net Zero goal.”
