In the UK, consumer prices for electricity are five times more expensive than for gas. It is a disincentive to adopt electric heat pumps. To make things harder, 23% of the electricity price comes from climate and social levies. It’s just 2% for gas. No wonder the UK continues to install about 1.7 million gas boilers a year. Jan Rosenow and Richard Lowes at RAP call for changes that will incentivise customers to buy heat pumps while having a … [Read more...]