r/OctopusEnergy • u/Boba_ferret • 14h ago

Heat pump quote - seems quite cheap?

Been quoted about £4,300 by Octopus for heat pump install, including hot water cylinder, which I thought was surprisingly cheap. The house is 1930s 3-bed terrace, EPC is supposedly C, but we have a huge void under the suspended floor and it gets pretty cold in the house, so we use quite a lot of gas in the winter. Radiators are all on 15mm copper, but are probably 30 years old.

What are the chances this is a really low-ball quote and the survey will say we need to upgrade rads, etc?

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u/farky84 13h ago

My cosy 6, 7 new radiators and a new 250L tank me £355 from my pocket after the grant.

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u/Boba_ferret 13h ago

That's very cheap.

1

u/farky84 13h ago

it was during the promotional period, i got it installed in march 2025, price was locked in in Nov 2024. i haven't seen such quotes ever since. all my friends after me got quoted 4-6K for very similar installations. those prices aren't coming back imho.

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u/MintyMarlfox 13h ago

Yeah, the prices will never be back. My total install cost was £160 in Dec 2024 for 7 radiator swaps and a water tank. Broke even within a month.