I would choose Option #1. I could just ride a bike around or walk, and in the wintertime I could just bundle up and buy a couple electric heaters that plug into an outlet as my furnace and fireplace would be rendered useless. I would also have no hot water as my water heater is also powered by gas, but that’s not too big of a deal, because I could boil water on the stove and clean dishes in the sink. I would also eventually get used to cold showers.