A Biden administration ban on certain natural gas water heaters as part of the lame duck president’s climate agenda could send prices soaring for the elderly and the poor. Under the policy, new non-condensing, natural gas-fired water heaters will be prohibited for sale starting in 2029 due to concerns about carbon-dioxide emissions. The policy comes during President Biden’s...
Author: New York Post
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NY natural gas prices expected to surge 11% this winter, while electricity prices could fall
Natural gas prices could soar 11% this winter compared to last year, while electricity prices could fall about 2%, the state Public Service Commission estimated. Customers using 700 therms of natural gas will likely pay $202 monthly during the November-March heating season, for an 11% dump over the same period in 2023-24, according to a...