Heat pumps are electric appliances that can both heat and cool your home

Scientists see them as a climate solution because heat pumps reduce planet-heating emissions. They cut pollution from burning gas for heating, and reduce the use of gas infrastructure that leaks planet-heating methane gas.

And heat pumps are highly efficient, which means less electricity is needed to use them than traditional heating systems like fossil fuel furnaces and boilers. Researchers at the Department of Energy's National Renewable Energy Laboratory calculate that 62% to 95% of households would save money by switching to a heat pump. " It's an enormous amount of savings," says Ari Matusiak, CEO of the nonprofit, Rewiring America. "That's just a fact of the technology being superior."

The Biden administration's 2022 climate legislation introduced new federal tax incentives of up to $2,000 for heat pump equipment and installation costs. Many states as well as cities and utilities offer additional financial incentives.

So what money is available right now for a prospective heat pump buyer? And how might a second Trump administration and a Republican-controlled Congress impact this money?

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Here are the answers to your heat pump and money questions: https://www.npr.org/2024/12/25/nx-s1-5219430/heat-pumps-tax-credit-money-trump