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

California and eight other states are launching a Costco-style bulk-buying approach to reduce the upfront cost of heat pump installations, according to Streamline Feed. Instead of leaving homeowners, contractors, and distributors to purchase separately, the participating states plan to consolidate demand and negotiate as a single buyer. The coalition includes Colorado, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, and Rhode Island. California and the group want manufacturers to streamline production and cut per-unit prices, and the coalition signed a memorandum aiming for zero-emission technologies to reach 65% of residential heating and cooling shipments by 2030. Typical U.S. heat pump installs cost about $8,000–$12,000, while the states project up to a 30% hardware price reduction.