$169 million will be taken from the Inflation Reduction Act to enable the heat pump industry to produce "over 300,000" heat pumps, which amounts to $563.33 each. Also:
In a press release, the Energy Department said that it expects to move “quickly” on another round of Defense Production Act investments in early 2024. It has already said that it plans to use the law to ramp up production of electric grid components, solar energy, insulation and hydrogen energy components.
Oh, joy, dystopian power future, here we come.
Oh we just call that a reverse cycle air conditioner here.