I'm not sure about the pricing but I know it will have a major positive effect on your BER.
Electic Heating is one of the least efficient heating systems when Entered into the BER software. The problem is that it factors in the Primary energy used.ie the total energy plus the energy used to deliver to your dwelling.
It certainly may be worth considering if you are selling or renting it out but if you are staying there for a few years it is a large outlay just to improve your rating.