heat pumps

A Detailed Regional Look at Residential Electrification Economics

Energy and Environmental Economics (E3), a California based consultancy, has taken a detailed look at the economics of electrification on behalf of three California utilities. The results show that: “All new construction homes and the majority (84 percent) of existing single-family homes with A/C would save by going all-electric.” For homes with air conditioning, the efficiency of advanced heat pumps leads to bill savings that outweigh higher initial costs.

Subscribe to heat pumps

Stay informed

Stay up to date with the latest NEEP and industry news, policies, and trends to your inbox every so often.

Subscribe to our newsletter