One of the biggest trends in the home improvement industry is switching from a traditional HVAC system to a heat pump.
Over 17 million U.S. households already use heat pumps, according to Atlas Buildings Hub, and with enticing government incentives available, that number is expected to grow exponentially.
The scoop
Heat pumps are growing in popularity across the U.S. as a cost-saving, sustainable way to heat and cool homes with less pollution.
Heat pumps remove heat from the inside air and push cool air back in the summer. Then, in the winter, they bring heat from outside air into your home and circulate it inside.
This process is highly efficient and uses a fraction of the energy required for other energy sources.
David Yuill of the University of Nebraska, Lincoln, told The New York Times: "You could put in a watt of electricity and get [the equivalent of] four watts of heat out of it. It's like magic."
How it's helping
If you upgrade your old HVAC system to a heat pump, you can cash in on up to $10,000 in government incentives. That's because the Inflation Reduction Act offers up to $2,000 in tax credits and up to $8,000 in an additional rebate if you qualify as a low-income household.
These savings are in addition to the hundreds of dollars that heat pumps will help you save on home energy costs each year after installation.
Not only will a heat pump save you money and outperform traditional HVAC systems, but it will also reduce dirty energy emitted from your home, resulting in less air pollution in your neighborhood.
🗣️ Which of these factors would most effectively motivate you to buy a heat pump?
🔘 Lower energy bills 💰
🔘 Better temperature control 🌡️
🔘 Helping the planet 🌎
🔘 I'd never buy a heat pump 🚫
🗳️ Click your choice to see results and speak your mind
To go one step further, you could save even more on your bills by installing weatherproofing upgrades and smart home technology.
💡Save thousands with a heat pump
A heat pump can save you thousands of dollars in heating and cooling costs — but first you have to find the right installer at the right price.
Use EnergySage's free tool today to find local options, compare prices, and see how much you can save.
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What people are saying
According to the Times, Amy Boyd, director of policy for the Acadia Center, said: "A heat pump is probably the biggest thing that consumers can do to help fight the climate crisis."
Atlas Buildings Hub predicted that "with federal heat pump rebate programs slated to be launched across all fifty states over the next year, it is likely that heat pump sales will only continue to grow relative to their gas, oil, and propane counterparts."
To embrace this trend and take advantage of the tax credits, rebates, and long-term savings heat pumps offer, check out EnergySage's Heat Pump Marketplace to find the best deals from reputable heat pump installers near you.
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