To be comparable to natural gas, you need electricity to be about $0.10 per kWh retail. That’s basically the PNW, the mountain west, and parts of the Deep South.
To be comparable to natural gas, you need electricity to be about $0.10 per kWh retail. That’s basically the PNW, the mountain west, and parts of the Deep South.
Electricity prices in MA are high and are controlled by the marginal cost of gas to run generators, even though we have a significant fraction of renewable, hydro, and nuclear generation. Gas prices are also high because we're at the far end of the east coast natural gas pipeline network.
It's interesting to think about the whole chain -- burning gas in a high efficiency condensing furnace at home approaches 100% efficiency of conversion from chemical to heat energy.
Whereas utility generators that convert heat to electricity are upper bounded by the second law to ~60% efficiency, and then you have transmission losses on top of that. But you win roughly all that lossage back because your heat pump can pump ~3 units of outdoor heat energy into your house for every ~1 unit of electrical energy it consumes.
Add transmission costs and unfortunately heat pumps are more expensive here for now. But CO2 wise of course it still wins because of that renewal and nuclear share I talked about
More importantly, I can also install solar and start getting some energy "for free" (obviously, much more so in the summer than in the winter). And over time of course our renewable share will go up.
I think it's worth noting in this article too that the author mentions they can now heat and cool parts of their house they weren't previously, so I'm gonna guess their actual usage went up and this is basically surprise for no reason.
Granted it doesn't make a difference in your example because your gas is cheap at $0.05/kWh, but for me (EU), the price for natural gas would be around $0.11/kWh while electricity is around $0.25/kWh.
Shouldn't that also take into account the variations in natural gas prices?
For example electricity in Delaware is more expensive than electricity in Washington, but so is natural gas by about the same percentage. Same when comparing Kansas to Washington.
Using natural gas rates by state from here [1] and electricity rates by state from here [2], here are the states where the ratio of natural gas price to electricity price is higher than that of Oregon and so should be places where you have the best chance to same money switching from gas to electric. The second column is the price ratio.
Georgia 3.3
Oklahoma 3.2
Ohio 3.1
Florida 2.9
West Virginia 2.9
Texas 2.7
Kentucky 2.6
Louisiana 2.5
Delaware 2.4
Missouri 2.3
Wyoming 2.3
Mississippi 2.3
Washington 2.2
Kansas 2.2
North Dakota 2.2
Arizona 2.2
North Carolina 2.1
Arkansas 2.1
Alabama 2.0
South Carolina 1.9
Virginia 1.9
Indiana 1.9
Oregon 1.9
[1] https://www.chooseenergy.com/data-center/natural-gas-rates-b...[2] https://www.electricchoice.com/electricity-prices-by-state/
I think Chicago is pretty close? Abundant nuclear is great.
In the Seattle area we're up to $0.13-0.14/kWh, but also rarely see the kinds of cold temperatures that lead to low COP figures.
Some data from a U.K. funded study suggested the median was 2.44 here in winter and 2.8 not in winter.