Why Heat Pumps Make Sense for Multifamily Buildings

For apartment owners, heating and cooling equipment is one of the biggest operating costs and one of the biggest sources of resident complaints. Modern heat pumps address both. With IRA rebates covering much of the upfront cost, many owners now have a rare chance to modernize every unit at once.

One system for heating and cooling

A heat pump moves heat rather than creating it. In winter, it pulls heat from outdoor air into the unit. In summer, it reverses to cool. That means one piece of equipment replaces both a heater and an air conditioner, and many buildings gain efficient cooling for the first time.

Lower operating costs

Because heat pumps move heat instead of generating it, they deliver more heating per unit of electricity than electric baseboard or electric furnaces. For buildings heated with electric resistance today, that can mean noticeably lower energy bills, whether the owner or the residents pay them.

Fewer maintenance headaches

Aging boilers, condensers and window air conditioners fail at the worst times. Replacing them with new, warrantied equipment reduces emergency service calls. It also standardizes the equipment your maintenance team works on across the building.

Happier residents, stronger retention

Consistent temperatures, quiet operation and in-unit controls make apartments more comfortable. Comfortable residents are more likely to renew, and upgraded units are easier to market.

Real results in Wisconsin

Liberty Home Comfort partnered with Stone House Development to upgrade 76 apartments in Madison, Wisconsin with heat pumps through the IRA rebate program. Read the case study.

How IRA rebates help pay for it

The High-Efficiency Electric Home Rebates program (HEEHR) has a federal maximum of $8,000 per unit for heat pumps that replace existing electric heating; each state sets its own amounts within that limit. The Home Efficiency Rebates program (HER) can fund heat pumps as part of whole-building upgrades. Insulation and air sealing may come first, which makes the new system work even better.

See what your building qualifies for

We serve multifamily properties in Georgia, Wisconsin and Colorado. Find out if your property qualifies.

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Does Your Multifamily Building Qualify? IRA Rebate Income Rules Explained