Quote:
Originally Posted by Matata
Alberta's energy costs aren't 5x BC costs. I mean that in AB a kWh of electricity is ~5x more expensive than a kWh of natural gas (1 GJ = 278 kWh). Natural gas rates in AB are currently in the $5-6/GJ range, so 1/2 of BC's rates. Electricity rates in AB are typically +$0.10/kWh, usually close to but a little lower than BC.
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Yeah, I see what you're saying. I was thinking you meant that heat pumps were 5-6x more to operate. So once you account for the 2.5 COP and those prices, it's about 2x the cost to operate heat pumps in Alberta vs gas. And that's assuming that the $5-6/GJ is all in, and not just the cost of the gas. If you're paying more for transmission/delivery and whatnot, then you need to include that as well (for both).
Alberta isn't a great candidate for them, but I think almost everywhere else around the world is.