Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Research reveals high prices hinder micro-CHP take-up

Delta-ee research reveals two-thirds of European homeowners are willing to invest in micro-CHP, but consumers say prices need to be halved.

Delta-ee, Europe’s provider of insight into heat and distributed energy markets, carried out research with over 600 homeowners in Germany, the Netherlands, and the UK to help those involved in the micro-CHP industry to better understand their target market – specifically the price consumers will pay for micro-CHP, and what type of financing propositions they would prefer.

The research revealed many people want micro-CHP, but most are only willing to pay 50% of what it costs today

Between 60% and 70% of those surveyed in the three countries – all owners of homes suitable for gas-fired micro-CHP installations – found the concept of micro-CHP appealing. However, when asked what they would be willing to pay for it, the price had to fall by 50% (based on today’s prices) for the majority of people to accept it.

Delta-ee principal analyst, Dr. Scott Dwyer, said: “This research goes towards helping validate the huge opportunity for micro-CHP – if the industry can overcome the challenge of building volume to reduce prices. Even at today’s prices, the consumer responses reveal that micro-CHP should be doing much better than the sales figures suggests – better sales and marketing is the key.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.