Low Natural Gas Price to Hamper U.S. Energy Efficiency, IEA Says
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Low natural gas prices will hamper the U.S.’s incentive to continue spending on energy-efficiency projects, according to the International Energy Agency.
Cheaper prices “make it more difficult to sustain and increase ratepayer spending levels as consumers see the energy efficiency surcharge on bills growing even as commodity costs are going down,” the Paris-based adviser to 28 developed nations said today in an e-mailed report. “This combination could create opposition by some utilities and regulators.”