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by iUsedToCode
3030 days ago
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I think demand is far greater than what is currently visible, but the price is still way to high. I'd move to electric heat in a heartbeat, but it's 2-3 times more expensive than coal, natural gas or oil (those are the most popular choices in Poland). If the price was 1/3rd of current, tens of percent of all citizens would move to a different heat source, using a lot more energy than they do now. So it's just a price problem. Make it cheaper (maybe renewables will) and the demand will come quickly. |
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In Seattle, the local utility raised rates too aggressively, which caused many people to conserve more energy or switch to gas for heating. Then, the utility had to raise rates again to make up for falling revenue. This, obviously, will cause further conservation by consumers.
This is the start of a death cycle.
http://mynorthwest.com/647139/seattle-city-light-lost-revenu...
It's sad from an environmental standpoint, because in Seattle most of our power is hydro, which is much better for the environment than natural gas -- but that's what people are moving to.