Because it's the most efficient, low-cost, and *low-carbon* way of heating Minnesota homes and businesses. And not by a little bit.https://twitter.com/brucenilles/status/1087939524762701840 …
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Bob, regardless of the efficiency of geothermal pump systems, what is economic benefit of installing these systems vs Nat Gas How many homes across US already have these systems in place? Are you proposing transition through gov subsidies?
NYSERDA estimates that a geothermal heat pump, replacing oil in ConEd's territory, pays $827/yr in excess delivery charges. Excess payments subsidize gas users' energy costs. For NatGrid, the cost-shift subsidy is $396/yr. For PSEG Long Island, it is $637/yr. HPs subsidize Gas...