Perspective | Home heating prices are soaring. There’s not much we can do about it for now. – The Washington Post
My nonprofit organization’s work designing and administering programs to decarbonize America’s energy system has taught me firsthand that increasing uptake of clean energy requires supply chain support, outreach, education, financing and direct subsidies. Heat pumps, for example, can pay for themselves in reduced energy bills. But the initial $4,000 to 6,000 installation cost places them out of reach for many Americans. In Vermont, where we administer the Efficiency Vermont program, groundbreaking legislation and innovative partnerships with electric utilities allowed us to offer incentives to overcome this initial cost barrier, generating a 2,000 percent increase in heat pump installations from 2015 to 2020.
Original Source: https://www.washingtonpost.com/outlook/2021/11/23/home-heating-prices-energy/