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Misaligned incentives. A traditional furnace is a bunch of sheet metal, a burner, a fan, and a thermostat and that's it. Sold for thousands, it seems like enor
by imglorp 4y ago
Misaligned incentives. A traditional furnace is a bunch of sheet metal, a burner, a fan, and a thermostat and that's it. Sold for thousands, it seems like enormous, criminal markup. Of course they'll keep selling that and price it less than heat pumps, which have an actual complex closed loop coolant system in addition to what a furnace has.
- toomuchtodo 4y agohttps://www.rewiringamerica.org/ira-fact-sheets https://www.rewiringamerica.org/ira-fact-sheets Progress is being made. > The 25C and 25D tax credits incentivize household electrification by lowering the total cost of qualified electrification upgrades. 25C provides a capped 30 percent tax credit for heat pumps, heat pump water heaters (HPWHs), qualifying electrical panel upgrades, select weatherization measures, and energy audits. For the first time, air source heat pumps for space heating/cooling and HPWHs will be eligible for a tax credit of up to $2,000 per year, and electrical panel upgrades installed in conjunction with a heat pump or HPWH will be eligible for a tax credit of up to $600.