A think tank producing rigorous, accessible data for advocates, policymakers, & the public.
2. If we fix this, heat pumps become cheaper than gas.
1. We're overcharging heat pumps for the grid, to subsidize everyone else.
3. Without costing anyone anything.
Winter to summer peak PSEG: 70% JCPL: 61% AE: 61%
Why is this overcharging?
Heat pumps aren't triggering grid upgrades, they're using spare capacity.
Why does this create a cross-subsidy to everyone else?
What if we fixed this overcharge?
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40% of cold-climate buildings are in Northeast
Maine = 4x Massachusetts, 8x New York
How?
$650K: full strategy
$200K: "one and done" to "always on"
$50K: keep to lights on, do RI and CT reports