> even though it's missing the other half: subsidies

It's a double edged sword. In my country everyone bought pellet stoves because of the subsidies, hundreds of companies popped up, now that the subsidies have been phased out, 90% of the companies went down, with their support and warranties of course. The 10% that managed to survive increased their prices, which is easy to do once 90% of your competitors went bust

People who thought they'd save money by having the government (their taxes really) pay the bill are waking up 5 years later with expensive maintenance, the first units are starting to fail and need to be replaced but they can't afford it without the 50%+ subsidies. Not to mention that the prices pellets goes up and down faster than your average shitcoin.

The subsidies and rebates are a scam. The installers just jack up the prices until they capture the entire value of the rebate.

That's probably exactly what will happen.

    Energy property - Heat pumps and biomass stoves and boilers

    Heat pumps that meet or exceed the CEE highest efficiency tier, not including any advanced tier, in effect at the beginning of the year when the property is installed, and biomass stoves and boilers with a thermal efficiency rating of at least 75% qualify for a credit up to $2,000 per year. Costs may include labor for installation.

    Qualified property includes new:

    Electric or natural gas heat pumps
    Electric or natural gas heat pump water heaters
    Biomass stoves and boilers

The problem is, energy use is only one part of the equation. Often times new appliances that are more efficient end up being more prone to breaking due to more complexity and companies trying to cut costs to meet a price point. This leads to people needing to replace there appliances much more often which really makes me question how much energy is actually saved if you include the energy used to produce them...

Your heat pump ought to be venting the cold air outside in the first place. If you're pulling the heat for your water out of your conditioned air, yeah you're in a losing battle.

Heat pumps are effectively more than 100% efficient fyi. You put 1000W of electricity in, you get 2500W of heat going into the water. (Numbers are only illustrative)

Running cost of heat pumps for heating is much much lower than resistive heating.

Heat pump water heater (hybrid/HPWH, e.g., 50–65 gallon equivalent): Unit prices range from ~$1,500–$3,000+ (most common models $2,000–$2,500), with total installed costs $2,500–$5,000 (higher if electrical upgrades or space mods needed). Average retrofit/install often lands around $3,000–$4,000.

Is the heat pump heater taking heat from inside or outside the house?

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