Octopus Energy heat pumps pricing review

Octopus typically quotes around £4,460 for a heat pump installation after applying the £7,500 Boiler Upgrade Scheme (BUS) grant. While adverts once claimed prices “from £500,” this figure applies to a small number of cases and is widely considered misleading. Overall, Octopus remains competitive when full-service convenience is valued, especially for customers seeking smart, integrated heating solutions. Here’s our full Octopus Energy heat pumps pricing review.

What’s included in Octopus’s quoted price?

As of 2025, Octopus estimates a heat pump installation costs around £4,460, post-grant. This covers everything needed for a complete, MCS-compliant install:

  • The air-source heat pump unit (Octopus Cosy or Daikin)
  • Hot water cylinder, radiators (if needed), piping, plumbing, electrical work, and installation labour
  • Asbestos testing and EPC application (if required)
  • A product warranty: 8 years for a Cosy heat pump, or 5 years for other brands
  • 2-year warranty on other parts and 5-year workmanship warranty
  • Full aftercare and support from Octopus’s dedicated team

What about the “£500 install” claim?

Octopus’s advertising of heat pumps “from £500” has been ruled misleading by the Advertising Standards Authority (ASA). The ASA found that fewer than 6% of customers paid that amount, well below the 10% threshold required for such claims. Octopus disputes the ruling and cites that 13.9% of installations actually met the £500 threshold during the campaign—but transparency remained a concern.

Is the pricing competitive?

Yes. Octopus is among the UK’s leading heat pump installers, offering their own Octopus Cosy 6 and 9 models. The Cosy 6, in particular, stands out for its affordability and compact design. Costs typically start from £4,300, inclusive of standard labour and components.

What customers say – reviews

  • On Reddit, some early adopters reported extremely low installs—e.g., £400 or even £500, but these are not the norm. Others received quotes of £14,000–£15,000 for flats or complex jobs, implying significant variability.
  • A YouTube user shared a quote of £6,290.99 after grant for an installation that included radiator replacements, illustrating that additional works can push prices beyond the headline figure.

Summary pricing table

ScenarioEstimated cost (after £7.5k grant)
Octopus typical all-inclusive quote£4,460
Ads “from £500” (ASA-disputed claim)True for <6% of customers only
Compact Cosy 6 installs (Eco Experts)From £4,300, including labour
Complex practices or flat conversionsCan reach £14–15k
Additional works (e.g., radiators)Possible quote around £6,291

Frequently asked questions

How much does an Octopus Energy heat pump really cost?

Most households pay around £4,460 after the £7,500 Boiler Upgrade Scheme grant. However, prices can vary between £4,000 and £7,000, depending on property type, size, and any additional works required.

What about the £500 heat pump adverts?

The “from £500” adverts applied only to a very small number of cases—fewer than 6% of installs. The Advertising Standards Authority (ASA) ruled this claim misleading, as most customers pay significantly more.

Does the quoted price include everything?

Yes—Octopus’s quoted price includes the heat pump, hot water cylinder, radiators (if required), installation, plumbing, electrical work, asbestos checks, EPC, warranties, and aftercare.

What warranties are provided?

Octopus Cosy heat pumps come with an 8-year product warranty; other brands are typically covered for 5 years. Installations include a 5-year workmanship warranty.

Can costs go higher than £4,460?

Yes. Some properties—like flats or homes needing multiple radiator upgrades—can see quotes of £6,000–£15,000 even after the grant, especially where extra work is required.

Is Octopus Energy competitive compared to other installers?

Yes—Octopus’s average quotes are in line with or cheaper than many UK installers, especially given the inclusion of surveys, paperwork, installation, and aftercare. Their in-house models, like the Cosy 6, also keep costs lower.

Verdict – Octopus heat pumps review

  • Octopus Energy provides good value: their typical £4,460 price after grant offers a hassle-free, all-in-one solution with full warranties and post-install support.
  • Caution needed with promotional pricing: claims like “from £500” represent exceptional cases. Most quotes will land in the £4–7k range depending on home specifics.
  • Always request a detailed breakdown: compare services, warranties, included components, and potential extras like radiator upgrades before committing.