FOR IMMEDIATE RELEASE
September 30, 2022
Media Contact:
GMP: Kristin Carlson (802) 229-8200
Colchester, Vt. – Starting October 1, Green Mountain Power (GMP) customers can save $200 when they switch from fossil fuel for cooking and install a new electric induction cooktop or range. Induction technology heats up and cools down faster than fossil fuel and provides great temperature control, all without carbon emissions and indoor air pollution. The new induction rebate adds to GMP’s growing list of incentives to help customers save money when reducing their own carbon footprints.
“We’re so glad to offer this new $200 rebate. It is a great new way we’re serving customers – helping them make the switch away from fossil fuel to clean electricity during their daily lives. GMP’s energy supply is 100% carbon free, so cooking with induction technology helps fight climate change efficiently at home while helping to lower per unit power costs for all customers,” said Tiana Smith, GMP’s head of electrification.
The new rebate is available for installed induction cooktops or ranges (not portable) and is valid on purchases made October 1, 2022 through December 31, 2023. Customers can apply for the induction rebate and see all the details on GMP’s website.
GMP’s residential customers can also save up to $2,500 on electric vehicles, up to $1,000 on heat pumps, $500 on electric motorcycles and $100 on electric lawn tractors among other rebates and incentives. GMP business customers can save on EVs, heating and cooling equipment, plus custom electrification projects for their operations through GMP’s business innovation programs.
“All of these programs combined with our energy storage initiatives are having a big impact. Last year, all together, customers helped offset more than 210,000 metric tons of carbon through GMP programs. That’s like taking about 45,000 fossil fueled cars of the road. It is amazing what we can do together,” Smith said.
About Green Mountain Power
Green Mountain Power serves approximately 270,000 residential and business customers in Vermont with electricity that’s 100% carbon free and 78% renewable, and GMP is partnering with them to improve lives and transform communities. GMP is providing solutions to cut carbon and is delivering electricity that is clean, affordable, and always on. GMP is the first utility in the world to get a B Corp certification, meeting rigorous social, environmental, accountability and transparency standards and committing to use business as a force for good. In 2022, GMP was named to TIME’s list of the 100 Most Influential Companies. Fast Company named GMP one of the top five Most Innovative Companies in North America in 2022. GMP also earned a spot on Fast Company’s Most Innovative Companies in the World list in the energy sector four years in a row, and in 2021 the Smart Electric Power Alliance (SEPA) honored GMP as a nationwide leader in energy transformation.
Curious about the power consumption, I looked at Home Depot’s offerings. The least expensive induction range is just over $1000. The specifications indicate that the power consumption depending on which of the four elements is used is 2500, 2800, 2800, and 3600. https://www.homedepot.com/p/FRIGIDAIRE-GALLERY-30-in-5-4-cu-ft-Induction-Electric-Range-with-Self-Cleaning-Oven-in-Smudge-Proof-Stainless-Steel-with-Air-Fry-GCRI3058AF/313233511?
How does that compare to an electric range? Home Depot’s least expensive electric range is $748. It has 5 different elements, wattage is 3300, 1200, 3300, 1200, 100. https://www.homedepot.com/p/Samsung-6-3-cu-ft-Smart-Freestanding-Electric-Range-with-Rapid-Boil-and-Self-Clean-in-Stainless-Steel-NE63A6311SS/315616391
GMP’s $200 rebate will pay off in higher electric bills for consumers and more money for GMP/Energir. Add in your EV charging, heat pump, and pellet wood stove with its continuously running fan and it’s a bonanza for GMP to sell more electricity. Yes, it will have a big impact. On your pocketbook. I do not see how this will lower the per unit power costs for consumers.
This makes me laugh.
This is more give-aways of tax dollars to the wrong people.
Anyone that can afford a new EV car and new high end appliances right now- they don’t need these rebates if they can afford cars that are over $50K.
The rebates are pretty small in comparison to what it costs to buy this stuff, well off people are not motivated by $2,500 bucks, which is peanuts to them.
This is nothing but bribe attempts by the state..
Things that are wanted and popular don’t need to have the government bribe you to do it.
So what does it say that they are doing this?
How about paying people to kick their drug habits instead– that would likely benefit the state far greater in the long run.
GMP claims its electricity supply is mostly CO2-free, but does not mention its claim is in accordance with “power supply contract papers”.
The physical reality is entirely different, because GMP draws almost all of its electricity supply, via substations, from the NE High Voltage grid
Therefore, GMP draws the New England grid mix, as calculated by ISO-NE.
Per ISO-NE,
https://www.iso-ne.com/static-assets/documents/2022/03/20220329__envtl_update.pdf
In 2021, the NE grid energy mix was:
Emitting generation (fossil fuels, landfill, methane, refuse, and wood) increased by 7.2% (60,890 GWh) vs. the 4-year average (56,799 GWh)
Non-emitting generation (hydro, nuclear, solar on distribution grids, solar on the NE HV grid, and wind) decreased -5.3% (40,667 GWh) vs. the 4-year average (42,949 GWh)
Wind was 3611 GWh
Solar on distribution grids was 3265 GWh
Solar tied to the NE HV grid was 2647 GWh
Net imports decreased -1% in 2021 (21,891 GWh) vs. the 4-year average (22,121GWh)
Solar on distribution grids increased 66% (3,265 GWh) vs. the 4-year average (1,961GWh)
Now Willem, You are using facts again…Please don’t confuse the emotional elitist with facts….
Point is, Willem’s facts point to the fantasy that is being force-fed Vermont. We can not accept a ban on new IC power cars in 2035 any more than we can heat Vermont homes with heat pumps exclusively. The technology does not yet exist! BEV’s may be fine for some folks- maybe a majority of us, but the infrastructure and technology doesn’t exist, nor are there plans to build the transmission and distribution infrastructure required to support these emerging technologies. We will still be using hydrocarbons for many decades.
In the battle between physics and platitudes, physics remains undefeated.