HVAC Residential Market, Heat Pumps

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Homeowners are staring at bigger electricity bills and asking hard questions about heat pumps. Here’s how to explain why higher electric rates don’t automatically mean higher total heating costs.

Member states double down on heat pump support — aiming to grow economies, create local jobs, and reduce energy costs. 

Manufacturers say the “next wave” of growth will be retrofit-friendly systems that drop into existing homes with minimal electrical work.

Residential credits are set to sunset, but commercial geothermal continues to gain momentum thanks to not-yet-expiring tax incentives, innovation, and maturing tech. For HVACR contractors, the next wave of geothermal growth hinges on training and design expertise.  

The new technology is expected to cut consumer energy bills, and contractors would only see a modest upskilling to install the next-gen platform.

With technological improvements and flexible installation options, it’s becoming easier to find heat pumps that can be used in multifamily buildings. We asked several manufacturers about their models.