The pace of home electrification

Catalyst · 19 Oct 2023 · 36m

What this episode covers

Stephen Pantano, head of market transformation at Rewiring America, discusses the organization's Pace of Progress report, which outlines the gap between current adoption rates of home electrification technologies and the targets needed to reach net-zero emissions by 2050. He details the specific shortfalls in heat pump, heat pump water heater, and induction stove sales, noting that while heat pump sales are growing as a share of a shrinking HVAC market, significant acceleration is required. Pantano highlights the role of the Inflation Innovation Act's $9.5 billion in rebates and emerging product innovations, such as 120-volt plug-in water heaters and induction stoves with battery backup, in closing these gaps.

Mentioned

Companies
Rewiring America, Energy Hub, Bloom Energy, A.O. Smith, Rheem, Solar City
Also
Inflation Reduction Act, AHRI, Maine, New York, Massachusetts, Cook County

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