Heat pumps gaining momentum in the US

Heat pumps, which extract warmth from outdoor air and pump it inside to warm a structure, are increasingly outselling gas furnaces in the United States. The Biden administration has announced $169 million in federal funding to boost the domestic heat pump industry, creating 1,700 jobs across 13 states. An additional $63 million has been allocated to promote heat pumps for heating and cooling water in homes, aiming to eliminate the use of gas and move towards fully electric residences. Heat pumps are more efficient than gas furnaces and can save the average American household over $550 a year, with tax credits and rebates provided for their adoption.