Report details economic risk of proposed natural gas ban in Illinois – Center Square

Marc Brown, vice president of state affairs for the Consumer Energy Alliance, said forced electrification would cost $55,000 for the average single-family home. “That includes when you’re redoing your panel, heat pumps, changing out a gas furnace, all your appliances,” he said. Further, the CEA said forced electrification could increase Illinois utility bills by about $2,631 per household.
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Deb
10 months ago

Not to mention that IL can’t generate enough power if the whole state went electric.

Call my shrink
10 months ago

Another case of jumping on the ecology band wagon to appease groups without a program behind it

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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