Massachusetts has had for a while a subsidy on new heat pump installations, which sounds great! We looked into getting one. Heat pumps in MA cost considerably more than in the rest of the country, because installers have largely increased what they charge to capture that subsidy for themselves as extra profit.
I predict the same effect here, with private insurance.
On the other hand though, while it’s not quite savings passed on to the consumer, it is encouraging the installers to prioritize that technology over other less efficient alternatives. So I suppose it depends on what the end goal is.
Massachusetts has had for a while a subsidy on new heat pump installations, which sounds great! We looked into getting one. Heat pumps in MA cost considerably more than in the rest of the country, because installers have largely increased what they charge to capture that subsidy for themselves as extra profit.
I predict the same effect here, with private insurance.
On the other hand though, while it’s not quite savings passed on to the consumer, it is encouraging the installers to prioritize that technology over other less efficient alternatives. So I suppose it depends on what the end goal is.