Northeast Market Assessment: Regional Heat Pump Trends
NEEP’s recent Air Source Heat Pump (ASHP) Northeast Market Assessment shows a strong and growing market for high-performing air source heat pump equipment in the Northeast. ASHP sales across New England and New York have grown nearly 400 percent over an eight-year period. Across the broader Northeast region (New England and Mid-Atlantic states), the report estimates that ASHPs represent 32 percent of the residential HVAC equipment market (market includes annual sales of ASHPs, furnaces, boilers, and central air-conditioners). Factors driving recent growth include expansion of energy efficiency programs and shifts in state-level policies.
This webinar will discuss the state of the market and how the region can leverage its existing infrastructure to double down on that progress and grow the market even further. NEEP will share best practice guides that outline effective strategies for mid-stream program design and implementation, workforce development, and co-promotion of weatherization with heat pump technologies.
The Ready, Set, Scale. webinar series focuses on the key mechanisms to accelerate energy efficiency, electrification, grid flexibility, and workforce development to lower energy bills, improve air quality, and build an affordable, sustainable, resilient energy future. Join us all year long for discussions, analysis, and peer learning around collaborative, multi-state approaches to transform the energy efficiency market.
