this post was submitted on 31 Oct 2023
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Yep.
https://www.cbc.ca/news/canada/prince-edward-island/heating-oil-carbon-tax-pei-1.7012855
"it would cost you about $48 to produce a GJ of heat at current P.E.I. prices, not including HST."
"Even paying some of the highest electricity rates in the country, Islanders with heat pumps pay about $18 to generate the same GJ of heat energy."
Pretty significantly worse than natural gas, and natural gas is worse than electric, depending on the electrical grid of course. If you live somewhere that uses coal, well, natural gas might actually be better for the environment.
https://www.ny-engineers.com/blog/heat-source-comparison-heating-oil-and-natural-gas
Heating oil is one of the most expensive ways to heat your home, while also being among the worst for the environment.
That's fantastic! Thanks! It's disappointing how rarely a news article goes into the details.