A Comparison of Space Heating Appliance Costs During Extreme Cold Weather Events – (Energy Analysis 2019-01)
Extreme cold weather events can have significant effects on costs associated with space heating requirements. The events of January 2019 share many similarities to what took place a few years earlier in January 2014, when most of the US Midwest was subjected to artic temperatures for a prolonged period. This analysis examines the cost of space heating met by natural gas in the Midwest during January 2014 and then estimates those same costs if the same heating requirements were met by all-electric heating. Based on the results of the analysis, natural gas space heating costed on average 40%-65% less than other alternatives examined.
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