Hugo Slabbert ⚠️
Some #solar #linkspam on breakeven of heat pump setups with or without photovoltaics & battery storage vs fossil fuel heating.
For the UK, but figures around CO2 emissions also included.
https://www.pv-magazine.com/2024/06/24/heat-pump-plus-pv-usually-cheaper-than-gas-heating-after-11-to-14-years/
Heat pump plus PV usually cheaper than gas heating after 11 to 14 years

An analysis by Eon and Aachen University shows how quickly heat pumps with and without photovoltaic systems and storage pay for themselves in different types of homes, also in comparison to gas heating. A heat pump with photovoltaics is usually more economical than without. Balcony solar usually pays for itself in three to six years. An accompanying survey shows that most people underestimate the economic viability of climate-friendly energy technologies.

pv magazine International
Jun 25, 2024 at 2:20amWeb
Show threadLitchralee_v6Jun 25, 2024

@hugo What I find most uplifting is that the breakeven point is within the US average homeownership period (12.7 years), although it's still longer than the same for the UK (7.8 years).

What's most disheartening is whether US or UK public policy will incentivize these investments when it's now patently obvious that it's profitable for both homeowners and beneficial to the environment and for energy supplies.

Show threadLitchralee_v6Jun 25, 2024

@hugo One of the things I find annoying is that there is no policy to support renters, who pay energy costs, since landlords aren't willing to invest in capital energy upgrades, even ones as simple as adding insulation.

I'm aware of some initiatives like "rental scorecards" akin to EnergyStar labels, so that renters are at least aware of how much a prospective home will cost to heat/cool. But this doesn't actively drive energy efficiency up.