Consumer demand for all-electric homes, the quickly evolving regulatory environment and incentives provided by the Inflation Reduction Act are opening the door for massive transformation in the built environment. But challenges persist—how much will they impede progress?

Consumer interest in all-electric homes is mushrooming. According to a recent survey of homeowners across the U.S. conducted by COGNITION Smart Data, Green Builder Media’s market intelligence division, nearly 55% of respondents indicated that they are interested in purchasing an all-electric home.

Would you buy an all-electric home?

The survey revealed that respondents want an all-electric home to reduce their environmental impact (68%), to have a healthier home (49%) and to have a higher performance home (42%), and they’re willing to invest in heat pump technology, solar, smart thermostats, induction cooktops, and energy management systems.