New York State’s energy department has announced $10 million (£7.8m) of funding to accelerate the adoption of energy efficient air source heat pumps (ASHPs).
The New York State Energy Research and Development Authority (NYSERDA) says the technology will help reduce energy costs and decrease greenhouse gas emissions in homes and businesses across the region.
ASHPs can meet both heating and cooling needs without producing much carbon dioxide, supporting Governor Andrew M. Cuomo’s energy goal to reduce greenhouse gas emissions by 40% by 2030.
In the winter, ASHPs collect heat from outside and distribute it inside – they require electricity to run but can deliver up to three times more energy than they use.
In the summer, operation is reversed to air condition a building by moving heat from indoors to outdoors.
Participating installers are eligible to receive up to $500 (£388) per system put into place, with up to $500,000 (£388,000) per firm available.
These companies will then use these incentives to grow the ASHP portion of their business.
Alicia Barton, President and CEO of NYSERDA, said: “New York continues to drive broader adoption of clean technologies, including air source heat pumps, to help lower energy bills, decrease greenhouse gas emissions and combat climate change.
“This funding strongly supports Governor Cuomo’s nation-leading clean energy strategy and will help make energy more affordable for New Yorkers.”