Helping low-income families electrify could save Americans $96 billion
“Americans who electrify their homes could reap a massive net savings of $96 billion over the coming decades, but only if policymakers ensure lower-income households aren’t left behind. That’s according to a new report released Tuesday by the American Council for an Energy-Efficient Economy (ACEEE), which quantifies the benefits of swapping fossil-fuel and electric-resistance appliances for far more efficient electric ones, such as heat-pump heaters/air-conditioners, water heaters, and clothes dryers.”