Natural gas, according to Xcel, is still the most cost-effective way to heat homes and businesses despite its commitment to provide lower-carbon energy services to its clients. In addition, the company's plan calls for the use of pricey, unproven technologies like biofuels and hydrogen. On the Colorado Public Utilities Commission's website, puc.colorado.gov, the public may provide feedback on the proposal.
Compared to carbon dioxide emissions, natural gas emissions are nearly 85 times more effective at trapping heat in the atmosphere. Leading climate scientists have repeatedly cautioned that emissions from burning fossil fuels must be reduced by 45% by 2030 and to zero by 2050 in order to prevent the devastating effects of climate change. Low-income households' inability to move from natural gas to electric heating and cooling systems is still a result of cost. The installation of heat pumps and the replacement of gas-powered furnaces, ovens, and other equipment for those who cannot afford them are now eligible for financial assistance from the federal government, Anton noted.