24/12/2023
A Christmas gift from HMGOV...
I'm a huge fan of heat pumps and really really rate the tech (in the correct property).
Gas and oil boilers will increase in price by £120 minimum to counter the CHMM levy at 4% of renewables ex. New build.
On 30th November 2023, the Government published their long-awaited response to the Clean Heat Market Mechanism (CHMM) which as of the 1st January 2024 will become effective with some minor amendments.
The CHMM is intended to increase the slow uptake progress of Heat Pumps by placing an obligation on boiler manufacturers to increase the consumer demand for heat pumps or hybrid systems.
Find out more, https://www.worcester-bosch.co.uk/professional/news/clean-heat-market-mechanism