California's heat-pump push hits price barrier

TL;DR Summary
California aims to install six million heat pumps by 2030 to cut emissions, but high electricity prices and installation costs complicate adoption; a Harvard study shows potential savings in some regions and higher bills in others, with CA's coast and larger homes often facing higher costs, while policy efforts to streamline permitting and rebates continue amid concerns that steep rates could undermine the climate plan.
Topics:business#california-electricity-prices#decarbonization#energy-policy#environment#harvard-study#heat-pumps
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