White House Trumpets $13 Billion Move to Reduce Energy Costs

The Biden administration is pushing electric heat pumps as a solution to high energy costs, enlisting companies like Airbnb, Lyft, and Procter and Gamble to spur production and installation of the energy-efficient heating systems.

The White House on Wednesday announced more than $13 billion in assistance aimed at lowering utility bills, creating union jobs, and meeting climate goals—with a big emphasis on heat pumps. Heat pumps are energy-efficient alternatives to gas furnaces because, rather than creating heat, they use electricity to transfer heat from a cool space to a warm space.

Vice President Kamala Harris is ...