Quilt

“The relative cost of the heat pump itself is Is, it's small. It's probably 20% or so of the overall cost.”

“The typical distributors today, if you go at, kind of, if you're a contractor and you're gonna go buy it from one of the big distributors, you're paying about 25 dollars a foot for that line hide. We've been able to source it from China for less than a dollar …”

“So, we will continue to do the vertical integrated thing. And we're going to do that in probably a lot of major metros in the US, but I want everybody to be able to get a quality pump. We want to accelerate the energy transition. We want to bring a great quali…”

“If you were to look at those three buckets, those cost drivers, and which ones we're going to have the biggest improvement on over the next two, three years, it's the materials.”

“We actually just pulled the stat, it's about 60% of our customers are coming from a central ducted system. So it's over half of all our customers are abandoning, ah, a central heating and cooling system.”

“One of our top company metrics that we literally report every Tuesday and we report to the board is dead furnaces. We have a furnace graveyard, and we are very proud of every time that we pull a fossil system out of out of a home. It's one of our key metrics.”

“We've actually already done some in that we made the unit quite light, so you can, one person can do it as opposed to two, and that's a huge deal.”