The European Heat Pump Association has compiled an up-to-date overview of subsidies for residential heat pumps in the European Union, the United Kingdom, Norway, and Switzerland.

SolarPower Europe says in a new report that households in Germany, Spain, and Italy can more than triple their savings by pairing PV with heat pumps. It said this combination helped families to save between 62% and 84% on their annual energy bills in 2022.

Homes and small businesses in England and Wales will be able to claim a discount off installation costs from a fund that will allocate $188 million annually as part of the subsidy program.

Belgium’s federal government has decided to reduce to 6% the VAT on PV systems and heat pumps deployed on buildings erected over the past ten years. This measure was previously applied only to projects developed on buildings that were more than ten years old.

The new measure will come into force on April 1 and will be in place for five years.