$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.
It's kind of like sailing; using the ambient atmosphere for energy, or putting energy into it. In spring/fall a heat pump can move 3x heat into a house for the same energy as electric generating the heat.
In theory it's a great idea. In practice it's a big expensive machine that breaks easily.
Right, but who generates heat using electricity? The only place I ever had that was apartments. And it sucked then. It seems like something people would only do for lack of gas.
If your choice is heat pump or nothing, it's easy. I don't see the point of preferring heat pumps in new or existing structures.