When we moved into our current home, I vowed to go electric as much as possible:
1. Removed the basement furnace (A pellet one that took up a lot of room) and replaced with a mini-split system.
2. Installed solar, about 36 panels (we're fortunate to have good solar exposure here.)
3. Bought an excellent high capacity wood stove with a calalytic converter, that heats our spacious main room. You Know Who's beloved gypsy moths took out enough oaks here that am still processing the wood and waiting patiently for the rest to fall.
4. Bought an electric truck and installed my personal "gas" station in the barn to fuel it.
Results:
1. The solar panels are paid off, and we sell enough energy back to the grid that from May to October, have no fuel or AC bills. (We use the mini-splits for de-humidifiers to cool our main room but only in extreme heat such as we're now experiencing.)
2. We're in a program with the state of Massachusetts where in turn for selling excess generation back to the grid, we're paid $120 a month
3. My "gas" free holiday extends from May to October where I charge at home for free.
Downside: Just one, though pretty significant. Even with the wood stove we pay a lot over the low sun months for the mini-splits to heat the rest of the home, though the $120/month takes a nice dent out of that.
Future plans: We live on an active year around stream and would like to put in some kind of small, hydro-electric system. Anyone have any info on how to go about that?