President Biden recently announced a $63 million investment to accelerate electric heat pump manufacturing across America. In February, nine states signed a memorandum of understanding saying that heat pumps should make up at least 65% of residential HVAC shipments by 2030 with that percentage going up to 90% by 2040. The good part is the Inflation Reduction Act and the corresponding news attention it has received has homeowners familiar with the heat pump concept.
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