Huge Opportunity for Heating Innovation Upgrades
Space Upgrade Opportunities
47% Natural Gas
of homes in U.S. are heated with
traditional natural gas.
40% Electricity
are using “expensive” electric resistance heaters or first-generation heat pumps, which underperform when temperatures dipped below freezing.
10 years old+
Air conditioning in U.S. homes, by housing unit type, 2020
Rapid Growth of Ducted Inverter Products
19.97%
compound annual growth rate
2016-2021
AHRI Report 2022
BSRIA Report 101437/1B USA Splits and VRF air conditioning
Space for Old Heating equipment Upgrade
Air conditioning in U.S. homes, by housing unit type
Decarbonization is a National Goal in Both the U.S. and Canada
At federal level
Goal: Net-Zero Emissions Buildings by 2045, including a 50% reduction by 2032
“The Federal Government will work across new building construction, major renovations, and existing real property to electrify systems, decrease energy use, reduce water consumption and cut waste.”
At state level
Building Decarbonization Roadmaps, put forth state by state, province by province.
Deployment of Electric Heat Pumps a significant step to reach carbon neutrality
California
California’s Climate Plan by 2030
New York
Clean Heat For All Challenge
3 million
climate-friendly homes
6 million
heat pumps deployed
To spur an innovative Packaged Window Heat Pump, enabling rapid, low-cost electrification of space heating in multifamily buildings
Operating Cost & GHG/Carbon Footprint Reduction
Lowering heating costs while reducing carbon footprint are priorities for property owners and builders.
Lower Running Cost
More energy savings
With an efficiency of up to 300% an iFLOW heat pump and/or hybrid system will be more energy efficient than even the best gas furnaces, bar none.
More energy savings
Heat pumps costs
Less than $600
to operate for the entire winter while electric heater costs over $1600
Reduction in GHG/Carbon Emissions
Cut household heating carbon emissions by more than ½
Adding an iFLOW heat pump and/or hybrid system (with an iFLOW Hydronic Furnace or the iFLOW Smart Hybrid Heating Switching Controller) will cut carbon based heating by more than 50% for less CO2 emissions, less smog, less global warming and a greener planet.
Dual Energy Options
Energy Source Choice
An iFLOW Hybrid Heating system offers homeowners the ability to choose their energy source. If electricity bills are too high, switch off heat pump to gas (furnace or hydronic furnace), and vice versa. Reduce energy bills by selecting the most economical option given time of use: avoid peak rate charges and capitalize on off-peak rates.