The Economics of Electrifying Buildings: Residential New Construction

According to The New Economics of Electrifying Buildings analysis by RMI, all-electric, single-family new construction is more economical to build and operate than a home with gas appliances and has lower lifetime emissions in all nine cities studied. This is because mixed-fuel homes have gas furnaces, water heaters, air conditioning, and new gas connection costs. The all-electric home, by comparison, uses a single heat pump system for both heating and cooling and a heat pump water heater. Heat pumps also provide significant carbon and energy savings over gas appliances, resulting in a lower annual utility cost for the all-electric home.

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