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[โ€“] 15 points 2 days ago (3 children)

Everyone using a heat pump also reduces gas demand which lowers the gas price.

So basically a heat pump is not only good for yourself but also for everyone else, even if you don't look at the climate.

That will of course switch when there is such a small number of households using gas that the grid will be a lot more expensive for those. But by the time we are at that point we can probably afford to gift them some heat pumps too.

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  • [โ€“] 7 points 2 days ago (1 child)

    reduces gas demand which lowers the gas price.

    if only gas prices followed supply demand economics we learned in Grade 8.

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  • [โ€“] 3 points 1 day ago

    They kinda do, but it's not as easy as we learned in Grade 8 because there is greedy investors, cartels and a worldwide market with all kinds of different players involved (including states that try to keep the price low for voters and others that try to get it even higher for their leaders' pockets.

    And of course a 20% decrease in supply doesn't mean 20% increase in price, but the price will increase until there is 20% less demand, which doesn't happen because whole countries are dependent on gas as they did not invest in renewable energy.

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  • [โ€“] 2 points 2 days ago

    Grid costs are already something like 20%. So the lower gas prices, due to lower demand will be matched by higher grid costs. That is as long as the gas stays cheap and there are no other issues with the LNG supply or so.

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