Switchbox @switch.box · Jan 13

Let's dig into the spending. First, buildings. It turns out that 88% of dwellings in NY could lower their energy bills if they switched to heat pumps today, though 58% of these would first need to weatherize before seeing savings. (Under higher carbon prices, both of these numbers improve.) 4/14

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Switchbox · Jan 13

What kinds of savings are we talking about? Depends on the home, of course, but the median household would save an average of $54 a month, or $648 a year. Under higher allowance prices, savings go up: to $804/yr under the low price scenario, $1020 under the high. 5/14