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How many people live in their own property?
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I disagree with you on that. Living in Norway, the small house I bought 9 years ago used electric panel heaters, about 1000w in every room and 2000w in living room. I changed that shit out with a heat pump and small oil radiators in bedrooms.
My heating bill first few months after upgrade was nearly 30% lower than before, despite colder months (oct-nov vs feb-mars).
Given the difference in cost of electricity back then, I paid off my heat pump in 7-8 years. With recent pricing, it would be 5 years.
That’s fair. I forget energy costs in Europe are significantly higher than I’m used to (like 400% or more for electricity compared to Canada) so that does change things a lot.