A heat pump budget should describe a completed system and the conditions under which it will operate. Equipment prices alone are not comparable when quotations include different emitters, electrical upgrades, hot-water storage or service arrangements. This article owns the cost model; quotation comparison and payback sensitivity have separate guides.
Capital cost scope
Build the capital-cost schedule from equipment, design, pipework and insulation, emitters, storage, electrical work, base and drainage, lifting, removal of old equipment, commissioning and making good. Ask whether taxes, transport and accessories are included. For B2B purchasing, distinguish the supplied equipment scope from the local installation contract.
Operating assumptions
Estimate operation from useful heating demand and an appropriate seasonal system performance assumption. Divide heat demand by that performance to estimate electricity, then add hot water and other loads consistently. Include backup and auxiliary energy within a stated boundary. A label SCOP should not be silently treated as the full installed-system SPF.
Interpreting the comparison
For comparison with a boiler, convert fuel input to useful delivered heat using a documented efficiency assumption. Apply current project tariffs, fixed charges that actually change, and maintenance costs. Keep solar self-consumption, financing and incentives explicit; do not assume an average European price represents every buyer.
Supplier evidence and responsibilities
Run an unfavourable tariff and performance case as well as the expected one. A funding award is not automatic because a unit uses R290 or carries a label. Obtain local confirmation and keep the base project cost visible before incentives. Thermovo quotations should be compared by documented scope and project conditions, not an invented universal payback period.
Sources and further reading
energy-efficient-products.ec.europa.eu
Before requesting a project quotation
| Check | Information to prepare |
|---|---|
| Project scope | State the country, project type, operating conditions and required delivery date. Identify which decisions still need an installer or designer. |
| Topic-specific evidence | an itemised installed-cost scope and running-cost assumptions |
| Responsibility and acceptance | Record who supplies, installs, commissions and services the equipment. Ask which documents and checks are included, and confirm exclusions in writing. |
This checklist helps define a request; it is not a model performance claim, installation design or promise of availability.
Relevant equipment · Request a project quotation — Selection and procurement · About Thermovo
