EHPA: it is time to give renewables a tax break
2021-09-16
Heat pump technologies are the most efficient heating and cooling solution using renewable energy. They contribute to indoor and outdoor environmental quality in buildings and cities and help stabilize the electric grid by providing demand side flexibility. Despite the significant energy savings, heat pump operating costs can still be higher compared to fossil energy-based solutions. This is the result of an imbalance in taxation levels and levies often favouring fossil energy and giving a disadvantage to electricity-based solutions.