Electrifying Everything Leads to Higher Energy Costs for Consumers
According to Robert Bryce’s Article, Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again), The Department of Energy (DOE) recently released data showing that electricity costs 3.5 times more per Btu than natural gas, reinforcing that natural gas remains the cheapest energy source for residential use. The article argues that the push to “electrify everything” will result in significantly higher energy costs for consumers, especially when compared to natural gas. The author criticizes activists and politicians promoting electrification as a cost-saving measure, arguing that the data contradicts their claims. The delay in publishing this data, the Bryce suggests, was intentional to avoid embarrassment for the Biden administration and those pushing the electrification agenda.
Bryce also points to the Energy Information Administration’s (EIA) “Winter Fuels Outlook,” which projects that households relying on electricity for heating will spend significantly more this winter than those using natural gas. The article concludes that the push to ban natural gas in favor of electrification will increase energy costs for lower-income households, weaken energy security by overloading an already strained grid, and have no meaningful impact on global CO2 emissions. The U.S. should not abandon its natural gas resources, which provide cheap and reliable energy, benefiting both the economy and consumers. Click here to read the full article.