This home upgrade is gaining popularity — and for good reason.
The 2024 Heat Pumps & Homeowners Index, commissioned by Mitsubishi Electric Trane HVAC US LLC (METUS), surveyed over 1,000 U.S. homeowners and found an overall positive opinion of heat pumps.
Homeowners are becoming increasingly aware of what heat pumps are, how they work, and the benefits of owning one.
Heat pumps work by transferring heat, rather than generating it. In the warmer months, heat pumps push warm air outside of your home. In the winter months, heat pumps pull warm air from the ground to heat your home.
Nearly 40% of respondents owned a heat pump, a significant increase from the 2023 survey, where less than a quarter of homeowners owned one. Of heat pump homeowners, 90% "of surveyed heat pump owners would recommend them to others," according to the index.
Installing a heat pump comes with several benefits — surveyed homeowners mentioned "greater energy efficiency, better heating, and greater cost savings" as the best benefits of heat pump ownership. They're easy, efficient, and affordable, especially with tax credits under the Inflation Reduction Act.
Interested in saving big on your energy bills? EnergySage's Heat Pump Marketplace is the first step in saying goodbye to your old HVAC. Just input your zip code, and EnergySage will find available tax credits and rebates, connect you with credible local installers, and provide additional resources and information.
If a heat pump isn't right for your home, don't fret — there are other planet-friendly ways to lower your utility bill. From changing the way you do your laundry to cooking on an induction stovetop, there's an eco-friendly, money-saving way to go about it.
Save $10,000 on solar panels without even sharing your phone number Want to go solar but not sure who to trust? EnergySage has your back with free and transparent quotes from fully vetted providers in your area. To get started, just answer a few questions about your home — no phone number required. Within a day or two, EnergySage will email you the best options for your needs, and their expert advisers can help you compare quotes and pick a winner. Solar panels can save you more than $50k over their 25-year lifespan, and EnergySage can help you save as much as $10k on installation. Which begs the question — isn't that worth an email or two? |
Mark Kuntz, CEO of METUS, is confident about the future of heat pumps.
|
Which of these factors would most effectively motivate you to buy a heat pump? Click your choice to see results and speak your mind. |
Lower energy bills 💰 "As homeowners become more knowledgeable about the numerous benefits of heat pump technology, including potential tax credits, rebates, and energy efficiency, we believe they will increasingly install these all-electric, all-climate, sustainable HVAC systems in their homes," Kuntz said, per BusinessWire.
Join our free newsletter for easy tips to save more and waste less, and don't miss this cool list of easy ways to help yourself while helping the planet.
Cool Picks
