Thursday, May 25, 2023

Heat-Pump Chatter

 Probably one-third of evening public news episodes now in Germany....revolve around the heating law draft, and the lack of agreement in the coalition (SPD, Greens, FDP).  

If I were giving a idea of passage (as is, with no changes).....I'd say it's less than 20-percent now that it'll pass.  

Changes?

If this were such a super-thing to do...forcing everyone to heat-pumps and dumping oil/wood/natural gas....then dump the VAT tax deal to zero percent from today to 2030.  

If your house isn't that capable to benefit from the heat-pump deal....fine, offer up a 3,000 Euro credit for renovations that cost over 10,000 Euro.

Find some method to explain the noise problem....so that communities don't suddenly pass noise mandates/regulations.  

The odds that nothing will pass?  Last month, I would have said zero-percent chance.  Something would have to occur....was my frame of mind.  Today?  I'd say it's a 40-percent chance that the whole thing falls apart, and becomes a colossal mess for the Green Party to explain.  

I live on a block of houses that were all built in the 1960s.  All are in the 450,000 to 700,000 Euro range today. Out of forty homes in the block area....fewer than five have the extra insulation and would benefit from the heat-pump.  Convincing people to go and spend 12,000 to 16,000 Euro on upgrades to make the heat-pump addition (itself priced at 12,000 Euro)...is going to be a mess for any politician to engage upon.

Anyone's guess how this will turn out.

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