Heating Homes With Natural Gas Is More Than 40 Percent Cheaper Than Electricity: US EIA

5Mind. The Meme Platform
The Epoch Times Header

Natural gas remains the main source of heating in American homes despite the current administration’s electrification push.

Heating homes this winter using natural gas is estimated to cut down energy costs by more than 40 percent compared to electricity, according to a recent report by the U.S. Energy Information Administration (EIA).

Households using electricity to heat homes are projected to pay $1,063 on average between November and March, according to a Nov. 7 winter fuels outlook report by the EIA. In comparison, households using natural gas are only expected to shell out $601.

Region-wise, the biggest difference is in the Midwest, where electric heating is expected to cost $1,213—more than double the gas cost of $581. In the Northeast, gas heating is projected to be cheaper by $704, in the South by $507, and in the West by $417.

Natural gas heating is also cheaper compared to other alternative energy sources such as propane and heating oil, which are expected to cost $1,343 and $1,851 respectively.

High heating costs borne by households using electricity come as the Biden administration is pushing an electrification agenda.

The administration is already imposing several restrictions on the use of gas-powered appliances. The U.S. Department of Energy (DOE) has announced new efficiency standards for residential gas furnaces, pool pumps, battery chargers, dehumidifiers, ceiling fans, incandescent light bulbs, and gas stoves that would severely curtail

Secondly, the Biden administration is offering rebates on the use of electric appliances in homes. The 2022 Inflation Reduction Act set aside $8.8 billion in rebates for home energy efficiency and electrification projects.

In a June 2 interview with The Epoch Times, O.H. Skinner, executive director of the Alliance for Consumers, said the Biden administration’s push for electrification of home appliances is bad news for Americans.

“That will make it so that nearly the majority of the current products on the market don’t meet the standards and have to be redesigned or removed from the market,” he said.

“Everyday things that people actually want are going to get more expensive or disappear, and the products that will be available will be more expensive but not better. People are going to wonder why life is worse.”

By Naveen Athrappully

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

24/7 LGBTQ+ TV Station Applies For License Two Weeks After Hungary’s ‘Far-Right’ Unseated

After Viktor Orbán’s defeat to a more EU-friendly rival, the European Court of Justice struck down Hungary’s Child Protection Law.

The Dirty Dozen: Will the Destroyer of Society Please Stand Up

Everyone seems to be searching for the one thing that is destroying society, as if there were a single cause that could be identified, isolated, and addressed.

Blue-White’s economic engine

Penn State’s Blue-White game shows how a university, its town, and business leaders turn a simple spring football practice into an economic engine.

Will Obama and Clinton Face Justice?    

There is interesting, even earth shaking, news currently being reported on, and this news can easily be seen in these three related stories.

DOJ Quietly Retracts John Brennan Subpoenas, Offers No Explanation

Greasy Deep State eel in a human skinsuit, John Brennan, may have slipped the proverbial noose once again.

US Allows Venezuela to Fund Maduro’s Defense After Court Challenge

The US will ease sanctions on Venezuela to allow its regime to pay legal fees for former Venezuelan leader Nicolás Maduro in a U.S. drug trafficking case.

Acting AG: Suspect Likely Targeted Trump, Admin Officials in Correspondents’ Dinner Shooting

President Trump and members of his administration were the likely targets of a suspect who fired on a Secret Service agent at the WHCA ​dinner in Washington.

Suspect Facing Multiple Charges After Shooting at WH Correspondents’ Dinner: DOJ

The DOJ said the suspect behind the incident at the WHCA Dinner faced at least two charges and would be arraigned after the weekend.

Secret Service Agent Shot at White House Correspondents’ Dinner: Trump

A Secret Service agent was shot but survived at the White House Correspondents’ Dinner, President Trump said during a press briefing after the incident.

Treasury Sanctions Iran-Linked Chinese Oil Refinery, 40 Vessels

The Treasury Department sanctioned a Chinese refinery and 40 shipping firms and vessels found to be providing a lifeline to the Iranian oil economy.

Trump Admin Begins Process to Downgrade Marijuana Classification

The Trump administration announced plans to reclassify approved marijuana products as a less dangerous drug under federal law.

Gas Prices Will Return to Low Levels After Iran Conflict Ends, Bessent Says

Treasury Sec. Scott Bessent said relatively high gas prices will not last long but any change is contingent on when the US and Iran cease hostilities.

Trump Participates in Historic Bible-Reading Marathon to Celebrate Nation’s 250th Anniversary 

President Trump read passages from the Bible on April 21 from the Oval Office at the White House as part of the “America Reads the Bible” celebration.
spot_img

Related Articles

Popular Categories

MAGA Business Central