When Electric Rates Soar, Harvest Keeps You Grounded
By
David Tuft
Does your electric bill seem totally bonkers lately? You’re not alone. PG&E customers felt it more than others with two rate increases since the start of the year. And it’s not just California. The cost of electricity rose 5% nationwide according to the most recent CPI numbers.
But don’t let the recent spike in electric rates throw cold water on your electrification dreams. Harvest is designed from the ground up to cut monthly energy bills – more than any other heat pump solution. We do this by shifting the time you consume energy to the cheapest time of the day - that’s why we call it the smartest heating on Earth.
The truth is higher rates are connected to climate change. Utilities must harden the grid to deal with weather we’ve never seen before – wildfire, extreme heat, hurricanes, atmospheric rivers – you name it. Utilities have to make big investments for a more reliable grid. And they’re not cheap.
That’s what makes Harvest doubly special. We protect your bottom line with lower bills. And we address the upstream problem by slashing carbon emissions 90% compared to gas heat and hot water.
And best of all, with Federal tax credits combined with state and local rebates, the cost of a Harvest system is competitive - or lower - than other heat pump systems. Some localities reward Harvest for easing peak congestion on the grid (looking at you San Mateo County, Sacramento, and California Central Coast) – making our system cheaper than a new gas furnace, A/C, and water heater.
Energy experts suggest grid costs will eventually level off as home and car electrification increase electric consumption and spread the cost of the grid across more KWhs. Conversely, gas rates will rise as more homes and businesses abandon gas, making electrifying your home heating and hot water a wise long-term investment.
But you don’t have to wait. You can have the peace of mind of protecting against higher electric bills today. While at the same time doing your part to protect the health of our lovely blue planet.
