This is an extreme outlier. I have a 4,700 square foot home in the Midwest, electric heating (heat pump + backup direct heat) and only occasionally hit $300/mo in a cold spell.
Heat pumps are something like 5-6x as efficient as resistive electric heaters. So no surprise that your bill would be lower.
Of course, heating an entire house with (non-heat-pump) electric heat in a cold climate is kind of crazy. Natural gas is way way cheaper. But I've seen it in old houses here in the Upper Midwest, so it's not _too_ out of the ordinary.
Heat pumps are so affordable now, that just feels like a poor decision-making rather than an economic hardship. You could finance a heat pump and the savings would pay itself off in a year.
That completely depends on local electricity costs and climate. We get about 4 months of freezing temperatures and when I did some back of the napkin math, a heat pump installation would be cheaper than gas over its lifetime, but it was only by about 10-20%, at a much higher upfront cost.
I'm not an expert so I could've made a mistake somewhere, but my calculations said that the system would have to survive for 10-15 years before it would pull ahead of a new gas boiler.
Yeah it's called apartment living. I hit nearly $350 in Oakland a couple years (and many PG&E rate hikes) ago in a 600 sq ft apartment. Even if I wanted to pay for a heat pump installation it's doubtful the landlord would've been on board.
Last time I did the math, even with a 60% efficient furnace natural gas was cheaper than an electric heat pump. PG&E's electric rates are simply that much more expensive than their natural gas rates. Currently that's up to $0.49/kWh on the most popular rate plan vs $2.49/therm. Keep in mind that the fifth and sixth electric rate hikes of 2024 were just approved today by Newsom's regulatory body and don't factor into the price I quoted.
I was also going to point that out. Resistive electric heating costs could easily reach that much, but it’s a horribly inefficient way to heat your house.
My first house was in the midwest, built around 1920, and had plaster walls with no insulation. It was only around 1400 sqft, but we did have (natgas) heating bills in that range ($600-$700/mo December through February).
