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Going fully electric would save households more than $600 a year for next four decades, report says

Households would save an average of $608 a year for the next 40 years if new residential buildings in New South Wales were required to be fully electric, according to a report commissioned by climate organisation 350 Australia.

It cuts energy bills for local residents and small businesses during a cost of living crisis and reduces climate pollution, at almost no cost to councils. It will be low-income people and renters who will benefit most from council-led electrification.