Have you ever hesitated to turn up your heat because you were concerned about the cost? According to the Pembina Institute, Canadians spend 90% of their time indoors, as do many others in northern climates. Spending so much time indoors means we need better, more efficient ways of heating our homes (that don’t involve wearing multiple sweaters to stay warm).
How can ETS lower my heating bill?
The average Canadian spends more than $2,000 per year on space heating alone (Natural Resources Canada, 2012) and for many people, the cost is even higher. High energy costs take a serious toll on your household budget and electric thermal storage (ETS) can be an excellent way to lower your heating bill.
Electricity demand is highest during the day. Using ETS can lower your bill by leveraging Demand Response utility programs that provide discounted electricity rates. Most commonly, Time-of-Day (also called Time-of-Use) electricity rates encourage customers to shift more of their electricity consumption to nights and weekends by offering a cheaper rate during these periods to level out demand and make the grid more reliable. If you use ETS to heat your home, you will see up to 50% savings on your heating bill.
These programs are set by your local utility and vary by jurisdiction (For example, see Nova Scotia’s rate structure here. Check with your local utility about Time-of-Day pricing).
The Neothermal ETS Difference
Conventional ETS units heat up enclosed ceramic bricks at very high temperatures. By using salt for energy storage rather than bricks, Neothermal ETS stores heat differently and more efficiently through innovative design.
Along with providing a technical innovation that saves money for our customers, we also made it our mission to ensure the Neothermal ETS heater would integrate with your existing oil or electrical heating system to give you choice, reliability and cost effectiveness.
Learn more about our Product below.