Gas furnaces achieve about 96-98% efficiency. Heat pumps achieve 300-400%. So you have to factor that in.
There’s still a cost difference but the hope is for governments to start supporting serious nuclear energy to drive down electric costs. It’ll take time but natural gas will become less economical as decades go on especially with investments.
Gas furnaces achieve about 96-98% efficiency. Heat pumps achieve 300-400%. So you have to factor that in.
There’s still a cost difference but the hope is for governments to start supporting serious nuclear energy to drive down electric costs. It’ll take time but natural gas will become less economical as decades go on especially with investments.
How does something achieve 300-400% efficiency?
Newly built nuclear would do many things, but it wouldn’t drive prices down.
Wind and solar would do that though.