Funny how Efficiency Maine pushes extreme rebates for heat pumps when heat pump costs are about to exceed oil heating prices

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Comment by Willem Post on November 22, 2024 at 11:12am

By that time, say 15 years, I likely will be in a cremation jar.

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I scanned through this very long report, which is not going to be read by anyone.

RGGI is a dysfunctional, uneconomic pox inflicted by inexperienced, woke bureaucrats and woke political appointees, on the economies of states, such as Virginia.

Trump would do tens of millions of people a favor by ending it on day 1
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Wind/solar lulls may last 5 to 7 days, and occur throughout the year, according to weather data
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An accurate analysis should be performed on a 15 minute by 15 minute basis, for steadily growing wind and solar using at least 5 years of weather data. 
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Then, each outcome is viewed regarding the traditional plants need to adequately meet demand 24/7/365, with federal-government mandated reserve capacity
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If that plant capacity is too much, then some plants may be set on standby to cover unusual situations
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Such analysis should be made throughout the year, year after year, for monitoring/planning purposes.
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Those periodic reports would be entirely computer generated by the grid operator, from data the operator is already monitoring on less than a minute by minute basis
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BATTERIES IN NEW ENGLAND TO COUNTERACT A ONE-DAY WIND/SOLAR LULL FOR A MERE $456 BILLION
https://www.windtaskforce.org/profiles/blogs/batteries-in-new-england

Comment by Dan McKay on November 22, 2024 at 8:25am

Willem, looks like your heat pumps may become obselete sooner than later

"Our modeling indicates that complying with the New England Decarbonization Plans will cost an additional $815 billion over the next 26 years (in constant, inflation adjusted, 2023 dollars) compared to operating the current electric grid.49 This figure does not include federal subsidies This would more than double electricity prices, with all-sectors electricity rates rising from 22.78 cents per kilowatt hour (kWh) in 2023 to 51.58 cents per kWh in 2050 — an increase of 28.79 cents per kWh." (The Staggering Costs of New England’s Green Energy Policies Isaac Orr, Mitch Rolling, and Trevor Lewis Always On Energy Research)   “The Staggering Costs of New England’s Green Energy Policies,” a report released Tuesday 

Comment by Willem Post on November 22, 2024 at 8:03am

I have three 24,000 Btu/h heat pumps in my house.

They work fine for cooling in summer, and for heating in winter, if temps stay above 15 F.

Below 15 F, the efficiency of heat pumps is too low, which increases my electricity bill, so I turn on my

85%-efficient propane system.

I have four years of operating data on an hour-by-hour basis.

My total NET savings are about $200/y

I DID NOT ACCOUNT FOR ANY SERVICE CALLS AND PARTS REPLACEMENTS

Amortizing the heat pump $24000 capital cost, at 6%/y for 15 years, costs $2200/y, which means I am losing money big time

ANY POLITICIAN, ETC.,  TELLING YOU SHOULD “GO HEAT PUMP” IS A LIAR WITH FORKED TONGUE