The Energy Information Administration (EIA) estimates, on average, space heating and air conditioning account for over half of an American household’s annual energy consumption as of 2015. Household-level decisions, including home and vehicle energy use, drive 40% of energy-related carbon emissions. The Inflation Reduction Act of 2022 (IRA), a new federal law, offers eligible Americans unprecedented opportunities to potentially save money on qualified heat pumps and home energy improvement projects with tax credits and rebates.
Many Americans can help reduce greenhouse gas (GHG) emissions while saving on operation costs and enjoying greater comfort control when they choose to use an all-electric, all-climate heat pump, like those from Mitsubishi Electric Trane HVAC US LLC (METUS), instead of an existing air conditioner or fuel-burning furnace. By doing so, U.S. households can contribute to a cleaner environment while keeping utility bills low.
What should U.S. consumers know?
- 98% of U.S. households could cut their carbon emissions by installing an efficient, all-electric heat pump.
- If all single-family homes in the U.S. adopted heat pumps, the total annual emissions reduction would be at least 160 million metric tons by 2032, the equivalent of taking 32 million cars off the road.
- Modern variable-capacity, all-climate heat pumps are designed to help conserve energy all year, reduce GHG emissions and lower operating costs.
- Homes in all climate zones can appreciate heating performance from a variable-capacity heat pump with hyper-heating capabilities.
- Hyper-heating, variable-capacity heat pumps are designed to provide reliable heating at temperatures as low as -13° F and are now used in some of the coldest regions of the U.S.
- Efficient homes can help the community by drawing less electricity from the power grids they share.
Mitsubishi Electric’s INVERTER-driven compressor technology was introduced 20 years ago, revolutionizing the heat pump. Now, these variable-capacity, all-climate heat pumps deliver reliable cold-climate performance, efficiency, and precise comfort control using a smartphone app. Mitsubishi Electric has continuously improved this technology, while METUS has educated utilities, local governments, public officials, non-profits, homeowners, and private sector collaborators on the environmental and economic advantages of all-climate heat pumps.
SOURCE: PR Newswire