New Report: Massachusetts households poised for more than $600 in median savings with heat pump upgrades under proposed rates
BOSTON – A new report shows that 82% of MA households can save an average of $687 each winter by upgrading to high-efficiency heat pumps if the Massachusetts Department of Public Utilities (DPU) adopts proposed rate changes from the Massachusetts Department of Energy Resources (DOER). The findings show that the proposed rates would help correct an existing imbalance in which current heat pump users are unfairly subsidizing other electric ratepayers.
The report, Heat Pump Rates in Massachusetts, was developed by Switchbox and sponsored by Environmental Defense Fund, Acadia Center, Rewiring America, Green Energy Consumers Alliance, and ZeroCarbonMA. The analysis highlights how Under DOER’s proposed rates, most electric customers of National Grid, Eversource, and Unitil would save money by switching to heat pumps, including single-family homeowners and customers who heat with methane gas.
“This report makes clear that fairer electric rates are key to unlocking the full potential of clean heating,” said Kyle Murray, Director, State Program Implementation and Massachusetts Program Director for Acadia Center. “The proposed heat pump rates level the playing field, correcting outdated price structures and delivering real savings for households. This isn’t just about savings for individual households, smarter rates strengthen the grid, support a cleaner economy and move us closer to our climate goals.”
To read the full press release from Environmental Defense Fund, click here.
Follow us