AI Summary

A collaborative purchasing effort in California is driving down the cost of heat pumps by leveraging economies of scale. This approach involves a group buying model, where multiple entities pool their resources to purchase heat pumps in bulk. By doing so, they can negotiate lower prices with manufacturers, making the technology more affordable for individuals and businesses. The implications of this development are significant, particularly in the context of worsening heat waves, as it may increase accessibility to heat pumps for those who need them.

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