Higher Energy Costs

Federal Data Shows, Again, That The Electrify Everything Push Means Higher Energy Costs

EIA Winter Fuels Report: heating with electricity will cost 77% more than heating with natural gas; NuScale SMR project gets cancelled

"Some of America’s richest NGOs are pushing policies that ban the direct use of natural gas in homes and businesses. While they claim the ban on gas is needed to address climate change, these bans will result in dramatic increases in energy costs and impose a regressive tax on the poor and the middle class. More proof of that came last month when the Energy Information Administration released its Winter Fuels Outlook for 2023-24.

"The report shows that an average U.S. homeowner who uses electricity to heat their home will pay about $462 more this winter than ones who use natural gas. That means heating with electricity costs about 77% more than heating with natural gas."

To read the rest of this article, go to:  Cost of Heating Going Up