New York · Donald Trump · MIT Technology Review
One of the major hurdles to wider use of heat pumps is the appliances’ cost: They tend to be more
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In the US, people who installed heat pumps between 2023 and 2025 were eligible for up to $2,000 in tax credits.
Key facts
- In the US, people who installed heat pumps between 2023 and 2025 were eligible for up to $2,000 in tax credits
- Tax credits of up to $7,500 for new EVs ended on September 30, 2025
- Heat pump shipments were flat from December to January and have seen a gradual rise since then, according to data from the Air Conditioning, Heating, and Refrigeration Institute, a trade group
- In 2024, MIT Technology Review put heat pumps on their annual list of breakthrough technologies
Summary
It feels as if it should be illegal to even think about heating appliances during the height of summer—seriously, these heat waves in New York have been brutal—but they need to talk about heat pumps. The appliances use electricity for heating, they’re incredibly efficient, and they’re on the rise. (For what it’s worth, many heat pumps can also be run in reverse to cool buildings.) In the US, heat pump sales have doubled over the past 15 years, according to a new report. These stats are especially striking at this moment, because a key tax credit for heat pumps ended with the close of 2025. In case you need a quick refresher, heat pumps use electricity to move heat from one spot to another. The result is an appliance that can be incredibly efficient.