Heat pumps are already the most efficient way to heat and cool a home, but outdated electric rates mean many Massachusetts heat pump owners are overpaying for the electricity they use. A new “heat pump-friendly” rate under consideration by the Massachusetts Department of Public Utilities (DPU) would fix that imbalance, resulting in average winter energy bill savings of more than $600 on average for 4 out of 5 Massachusetts households, per new research from Switchbox.
This webinar will explore how smarter rate design can lower bills, improve air quality and support a just transition off fossil fuels. You’ll hear directly from experts at the Massachusetts Department of Energy Resources (DOER), Switchbox, Environmental Defense Fund, Rewiring America and more. Find out how much Massachusetts residents could save by upgrading to a heat pump under DOER’s proposed rates, based on their utility provider, current heating fuel and other factors. You’ll also learn how some heat pump owners could begin seeing lower bills as early as this winter, depending on where they live and whether the utility or DOER rate is implemented.
With final decisions at the DPU expected soon, this is a critical opportunity to bring down energy costs for consumers while taking a measurable step to achieve Massachusetts’s goal to transition 90% of homes to heat pumps by 2040.