Financing

Upfront Costs

Pricing starts at $5,999. Multifamily and utility pricing is lower at volume; contact Copper for project pricing. Total installed cost is almost always less than gas-to-electric alternatives once panel upgrades, gas decommissioning, and rewiring are accounted for.

Ongoing Costs

Under typical NY rates and household cooking patterns, residents see roughly $3-$30/month more on the electric bill, partially offset by elimination of any fixed gas service charges if the building drops gas.

Charlie's battery charges during off-peak windows where tariffs allow, which can further reduce cost.

NY Incentives/Financing Resources

Select gas customers in Manhattan, the Bronx and Staten Island may be eligible for incentives under ConEdison's Energy Exchange program. See Copper's incentives and rebate page for more information on incentives in other jurisdictions.

Payback Period

Compared to installing a typical 240v induction stove with rewiring requirements, payback period is immediate.

Compared to installing a traditional gas stove payback period depends on fuel rates and gas line infrastructure maintenance costs.