Older houses burn oil for heating the house and water but even most of them have heatpumps installed. New houses usually also have heatpumps or geothermal so direct electric heating is more and more uncommon. Apartment buildings generally all have district heating and even some private homes do.
Yes it’s expensive but so is everything else too.
TheEighthDoctor@lemmy.world 8 months ago
Geothermal is expensive and not worth it financially in many countries but when you are looking at 2.35€/kWh it seems like a great investment.
Hotzilla@sopuli.xyz 8 months ago
He doesn’t mean geothermal in large scale but home level geothermal. It is actually very cheap and efficient technology.
TheEighthDoctor@lemmy.world 8 months ago
I understand, but it’s not cheap when compared to solar
Hotzilla@sopuli.xyz 8 months ago
Solar panels doesn’t provide heat, it produces electricity. Also it is quite common on Finland to have solar panels + geothermal heating, because both of them pay for themself in 5-10 years. Unfortunately solar panels do not provide us enough electricity to be only source, not even with batteries.