The report by the European Heat Pump Association (EHPA) proposes 'social leasing' as a solution to reduce the economic and logistical barriers faced by low-income households when adopting heat pumps. This model would allow users to rent the technology through affordable monthly payments, without the need for upfront investment.

Although similar private models exist—such as subscription schemes that include installation and maintenance—social leasing stands out due to its public backing, making it more accessible and reliable for vulnerable households. Government involvement may include financial guarantees, low-interest loans, and favourable fiscal policies, such as reduced VAT on heating equipment.

For this model to be effective, it is essential to simplify bureaucratic procedures and ensure long-term stability of public support. Additionally, contracts must be transparent and flexible, allowing consumers to adapt to changes in the energy market.

Applying this approach to social housing could be particularly beneficial, as property owners can coordinate large-scale renovations without passing initial costs onto tenants, while improving energy efficiency and comfort.

In summary, social leasing for heat pumps represents a promising pathway towards a fair and accessible energy transition, especially for those who need it most.

_{Source: https://pv-magazine-usa.com/2022/05/25/what-are-upfront-and-lifetime-costs-of-heat-pumps/}