Convert Your Thinking              

The Economics

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Links to sources are at the bottom of the page.




Sources: Sweetser, R.S., Albrecht, R., “The Economics & Environmental Performance of Biodiesel vs. Electric Heat Pumps,” September 2019; Harrington, M., “Heat-pump promise falls short for North Babylon ratepayer,” Newsday, March 14, 2021; Islam, N., Butcher, T.A., Levey, J., “Development of a Best Practices Guide for Integrated Hydronic and Ductless, Air-Source Heat Pump,” New York State Energy Research Development Authority, May 2021;Black, J.  “Final 2021 Heating Electrification Forecast,” ISO New England, February 19, 2021; Hodge, T., “Wholesale electricity prices trended higher in 2021 due to increasing natural gas prices,” U.S. Energy Information Administration (EIA), January 7, 2022; “Short-Term Energy Outlook,” EIA, January 11, 2022.