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I pay PG&E: * ~$0.35/kWh for electricity * ~$2/therm for gas (equivalent to ~$0.07/kWh according to a quick search). Even though I pay 5x the price for elect
by rahimnathwani 4y ago
I pay PG&E:
* ~$0.35/kWh for electricity
* ~$2/therm for gas (equivalent to ~$0.07/kWh according to a quick search).
Even though I pay 5x the price for electricity as I do for gas, a heat pump will be cheaper?
- hedora 4y agoYou get a lower rate (higher baseline) if you install a heat pump ($0.28-0.30; 4x to 4.2x), and the coefficient of power for the heat pump should be well over 4 in California. Current electricity rates: https://www.pge.com/pge_global/common/pdfs/rate-plans/how-rates-work/Residential-Rates-Plan-Pricing.pdf https://www.pge.com/pge_global/common/pdfs/rate-plans/how-ra... Current natural gas rates: https://www.pge.com/tariffs/GRF1122.pdf https://www.pge.com/tariffs/GRF1122.pdf You seem to be on the cheaper residential schedule.
- rahimnathwani 4y ago> You seem to be on the cheaper residential schedule. I'm in San Francisco, so PG&E bills me separately for distribution (provided by PG&E) and generation (provided by CleanPowerSF). We are on a rate plan that has slightly cheaper electricity off peak, and save something like $20/year as a result. The individual line items on the bill are hard to understand (lots of surcharges and credits), but I can tell you from the totals that my most recent bill shows $0.33 per kWh for electricity (average, including both delivery and generation) and $2.56 per therm for gas.