ComEd to spend $40 million on plan to rid homes of natural gas – Chicago Sun-Times

ComEd is moving from a pilot program to convert 100 homes to a much larger-scale project with the goal of spending $40 million over the next three years - even as Peoples Gas is spending billions of dollars to lay hundreds of miles of new pipeline underground, a program that the utility plans to continue through 2040.
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Benicia
3 years ago

! Therm=100,000BTU=29.1 KWH. 1 therm in November cost $1.14. 1 KWH in November 22 cost $0.093. Both figures are exclusive of taxes, fees, customer charges, and delivery charges. Therefore, 1 therm equivalent of electricity costs $2.70. THERE CAN BE NO PAYBACK ON THE $63,000 INVESTED FOR THIS CONVERSION! I can/should continue to do a more complete analysis to look at relative efficiencies of gas vs electric but gas heat would have to be wildly inefficient to make up for the x2.4 cost factor. Another question to answer is why the complexity of a heat pump vs just replacing the gas… Read more »

Giddyap
3 years ago

Corrupt Crooked ComEd’s Latest Fraud Scam

Where's Mine ???
3 years ago

who ultimately subsidizes COMED conversion to elect from gas? fed covid $bucks$?, taxpayers? COMED customers/ ratepayers? rainbow & lollipop jb/mendoza math $?

Old Joe
3 years ago

Hmm,

It seems that Illinois has also got a plan to rid Illinois of home owners.

outraged
3 years ago

Electric heat is not more efficient than gas. What a bunch of lies being spun.

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