The Temperature Goes Down, Bills Go Up. Can Renewable Energy Save Our Pockets?

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Renewable sources will lower electricity generation costs in the long run, but how much energy you use isn't all that goes into your bill.

This winter storm will bring more spikes to our gas and electric bills. But as the climate crisis is moving us towards, could an all-electric future help us save money?

The answer is complicated. While the cost of solar and wind power has exponentially declined in the last 15 years, much of our electricity is still generated by burning natural gas at power plants, so electricity prices are tied to gas prices. Infrastructure needs and outdated rate structures also have an outsize impact on your bill.

 

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