Quote:
Originally Posted by opendoor
Even completely ignoring carbon, anyone paying $5K a year to heat their house in the Maritimes who doesn't install a heat pump is just flushing their money down the toilet. At a COP of 2.5, they'd be saving about $2.5-3.5K a year in heating costs based on the average Atlantic Canada electricity prices.
Yeah, I get that not everyone has cash kicking around, but if you can afford to pay $5K (or $4.55K without the carbon tax) for heating, surely you can take advantage of the many government programs and get a heat pump with a 2-3 year payback, after which point you're saving thousands of dollars per year. You could even put the heat pump on a credit card at 20% interest and still pay it off within 5 years just on the energy savings.
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I think this is what blows my mind. The government also has their
oil to heat pump conversion program that gives money up front to convert from oil heating to heat pump heating. If you are low income, they basically give you $10k for free.
It's already the best possible scenario and also a very obvious example where the carbon tax clearly works to fund these conversions.
But no, we just decide to blow up the entire carbon tax framework for a bunch of votes.