California, 8 other states launch Costco-style heat pump buying plan to slash installation costs

California, 8 other states launch Costco-style heat pump buying plan to slash installation costs

Nine states, including California, are trying a bulk-buying model — akin to Costco's bulk pricing — to bring down the cost of electric heat pumps.  If the effort works, homeowners could see lower upfront costs for a system that can cut utility bills and shield struggling households from rising energy prices, according to Streamline Feed. What's happening? Rather than leaving homeowners, contractors, and distributors to buy systems separately, ni…