As noted above, there isn't going to be an easy answer.
I can show you two houses within 5 miles of each other, both in my town, and the answer is different for each.
One house (mine) buys electric from a depression era cooperative. We get at-cost hydropower and don't pay a bunch of tax surcharges that others in the area pay. But the co-op isn't available to everyone, only those building in its currently defined territory.
My electric bill is really cheap. We already heat with oil, but if we had to heat with electric it wouldn't be expensive.
House 2 miles away, on the regular utility grid, in this part of upstate NY? You'd have to take a second mortgage to heat with electric.
So you're going to need to do some digging for facts on your specific area and situation. Good luck and enjoy your new home.
|