My claim wasn't that an Income Graduated Fixed Charge would make your electric bill go down from what it currently is -- it could very well go up. My claim is

My claim wasn't that an Income Graduated Fixed Charge would make your electric bill go down from what it currently is -- it could very well go up. My claim is that, assuming an IGFC is implemented and the marginal cost of electricity goes down considerably, then a heat pump becomes cheaper to operate. You'll be paying the same fixed cost to be connected to the grid, whether you have a gas furnace or an electric heat pump. It might just be that the newly-lowered electric rates finally make a heat pump more cost-effective than a gas furnace.