The US heat pump market is growing, but it needs to accelerate to achieve critical climate goals. US Homes Are Installing Heat Pumps.
The US heat pump market is growing, but it needs to accelerate to achieve critical climate goals.have begun to shift policies to encourage or require electrification of homes, workplaces, schools, and government buildings.
In fact, as of November 1, 2022, four states have explicitly called for electrification by setting time-bound heat pump deployment targets that together total well over 12 million new heat pumps by 2030:, Governor Hochul called for the retrofit of 2 million electrified or electrification-ready homes by 2030, which includes heat pumps, as well as all-electric new construction no later than 2027., Governor Newsom called for 3 million climate-friendly homes by 2030 and 7 million by 2035.
However, 12 million new heat pumps by 2030 is a conservative estimate given many of the other state and local government building decarbonization commitments, regulations, and investments. Beyond the above heat pump targets, over 15 states and hundreds of cities are taking steps to encourage heat pumps as a critical climate, air quality, and affordability solution
through building codes, heat pump incentive programs, low-income electrification pilot programs, pollution limits for gas appliances, and decarbonization requirements for utilities.
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