Submitted by abraves528 t3_z47fll in RhodeIsland
_CaesarAugustus_ t1_ixqoxor wrote
Reply to comment by HiHo-Silver in Oil to propane conversion by abraves528
Have to agree. Mini splits can rack up serious electric bills, and with electricity rates on the rise it can be problematic. Solar sounds cool, but buy-back rates are not always what they used to be, and not every house is capable of carrying panels.
dishwashersafe t1_ixr9ju7 wrote
I would bet on electricity being the cheaper option in the long run. It's only expensive this winter because natural gas is expensive this winter. A big chunk of our electricity will come from offshore wind soon and RevWind signed a PPA locked at 7.8 cent/kWh! That's not to mentions all the other good reasons to switch!
_CaesarAugustus_ t1_ixrc0bf wrote
This will be very specific anecdotal evidence, but two separate friends that live in separate New England states went the mini split route solely, and their electricity bills went from around 300-400 per month to 1500 per month. And that was before the rate hikes. So it’s a per basis option for sure. Just trying to share some info regarding options.
dishwashersafe t1_ixrk110 wrote
I appreciate you sharing your experience, but something is very wrong if a heat pump costs more than 3x the alternatives. Here is a cost comparison using prices for this winter in MA.
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