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Where I live, heat pumps suffered insane price hikes because production couldn’t keep up with demand during the Russian gas scarcity scare. I‘m talking increase
by manmal 2y ago
Where I live, heat pumps suffered insane price hikes because production couldn’t keep up with demand during the Russian gas scarcity scare. I‘m talking increases of €10+k.
And electricity prices are especially sensitive to gas/oil prices due to how European energy market prices are set. We still haven’t fully recovered from the insane gas price hike that caused all electricity to 2-4x in price (with huge downstream effects on overall inflation).
- Retric 2y agoPeople using gas or oil ran into similar price hikes. PV or if you’re further north solar thermal actually protected people from price spikes.