Gas prices are climbing at almost double the rate of electricity, making the staple increasingly difficult to afford, according to Monash University.
It found Australian households could collectively save more than $2 billion with electric water heating, more than $1 billion with electric space heating and more than $340 million with electric cooking. “Ultimately, electrification is more efficient, cheaper to run, and allows us to tap into our abundant renewable energy resources like solar and wind, and will accelerate the decarbonisation of Australia’s economy,” Ms Pearson said.
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Source: 7NewsAustralia - 🏆 11. / 71 Read more »