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The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
Electric heating or resistance heating converts electricity directly to heat. Electric heat is often more expensive than heat produced by combustion appliances like natural gas, propane, and oil. Electric resistance heat can be provided by baseboard heaters, space heaters, radiant heaters, furnaces, wall heaters, or thermal storage systems.
Unlike the gas stove, the electrical stove was slow to catch on, partly due to the unfamiliar technology, and the need for cities and towns to be electrified. Early electric stoves were unsatisfactory due to the cost of electricity (compared with wood, coal, or city gas), limited power available from the electrical supply company, poor ...
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The popular slogan "cooking with gas" was first adopted in 1930s to suggest the superiority of gas stoves and remain in use today despite the rapid improvement in electric stove technology. [19] The term natural gas was also a marketing strategy to suggest this fuel is cleaner and superior to other fossil fuels. [ 19 ]
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