heat pumps

“You will also relieve the installation bottlenecks not having enough skilled installers to put a bunch of heat pumps in quickly if you focus first on apartment houses, commercial buildings, the things that have big furnaces and boilers burning a lot of Russian…”

“There's a real serious consideration inside the Biden administration to use wartime powers to boost heat pump production and then to send those heat pumps over to Europe to for heating to reduce natural gas consumption.”

“Over the next decade, we project that a conversion incentive like the one we wrote about would save consumers twenty seven billion dollars.”

“If we would like to finish home decarbonization by twenty-fifty, we need to be, around twenty-thirty, installing 100% heat pumps.”

“And once we did that, we were Really happy to see that the benefits were going to be five, eight times the cost of doing this.”

“And so for the average family getting one of these units, that's going to work out to around 160 170 bucks each year.”

“And so a heat pump is only marginally more expensive than an air conditioner with, you know, 300 to 600 bucks for the same model if you're looking at the same piece of equipment.”

“So an important point on this is heat pumps, when paired with a furnace or other form of backup heat, that's actually increasing consumer choice. Because now you have two different fuels to work with. So you have the heat pump to work with, and you have whatev…”

“For the second year in a row, heat pumps outsold gas furnaces in the U.S. By, in twenty-twenty-three, by a significant margin of 21%.”