Point being that $0.35/kWh is near the highest rate that anyone in the country will pay for a kWh (not to mention ~3x higher than the US average) and this isn't about retail costs but using SURPLUS solar to heat water. Which goes back to my original statement of 'Most people in most places' very few people are paying $0.35/kWh, fewer still among people that have surplus solar generation...
In NM since I produce more than I consume using an additional kWh to heat water 'costs' me ~$0.024/kWh. Meaning the check I get from Xcel is ~$0.024/kWh smaller. At my rental in WA it's $0 since under PSE any annual excess is lost. So as long production exceeds consumption it literally costs nothing to heat water.
Beyond that not everyone has natural gas and it's increasingly falling out of favor. Berkeley recently banned gas for all new homes.
There's a wider context that you're ignoring. Electrification if done in a way that flattens the demand curve can decrease the cost of electricity because fixed costs become a lower percentage of overall cost. Water heaters are one of the cheapest ways to do this since they're essentially a 3kWh thermal battery. PLUS; the amount of solar generation we're losing due to curtailment is only going to increase; Why not use it to heat water?
In NM since I produce more than I consume using an additional kWh to heat water 'costs' me ~$0.024/kWh. Meaning the check I get from Xcel is ~$0.024/kWh smaller. At my rental in WA it's $0 since under PSE any annual excess is lost. So as long production exceeds consumption it literally costs nothing to heat water.
Beyond that not everyone has natural gas and it's increasingly falling out of favor. Berkeley recently banned gas for all new homes.
There's a wider context that you're ignoring. Electrification if done in a way that flattens the demand curve can decrease the cost of electricity because fixed costs become a lower percentage of overall cost. Water heaters are one of the cheapest ways to do this since they're essentially a 3kWh thermal battery. PLUS; the amount of solar generation we're losing due to curtailment is only going to increase; Why not use it to heat water?
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