1. Incumbent gas faces headwinds from policy, rising costs, and growing consumer resistance. Separate devices are required for heating and hot water, they result in significant emissions and increasing bills. Harvest systems reduce lifetime operational costs by $23k compared to methane gas, while slashing emissions by 90%.
2. Heat pumps systems require 2 devices, one for space conditioning and one for hot water, and they do not include storage. As a result they operate when electricity is most expensive and most polluting, and also when the heat pump is less efficient (on cold mornings). Harvest Thermal outperforms all other heat pump systems in the all-electric market. Harvest systems reduce lifetime operational costs by over $15k compared to heat pumps in our target markets, while slashing emissions by 40-55%. We see heat pump manufacturers as partners and future acquirers: we can take their heat pump and control its operation to reduce bills and emissions while improving efficiency.
3. Emerging systems with storage: Stash Energy also uses thermal storage, but does not integrate hot water. In addition, they require large devices in each room, taking valuable home space